Nestled in a serene cul-de-sac on Kaka Street, Piopio, Waitomo, this charming 3-bedroom, 1-bathroom residential dwelling is a perfect blend of convenience and country charm. Constructed in 1959 with brick walls and an iron roof, this freehold property sits on a level 883sqm section with a floor area of 130sqm. It features basement garaging, an open plan dining-kitchen, a ranchslider to the patio, and a rural outlook. The property is equipped with a heat pump and boasts a long-term tenant at $210 per week. Notably, the capital value has seen a significant increase of 72.73% from $165,000 in 2018 to $285,000 in 2021, echoing the HouGarden AVM. The latest sales history is also impressive, with a sale price of $490,000 in 2024, up from $115,000 in 2016.
As for the government valuations, the property has a current CV of $285,000, with a history of steady growth. The location is further enhanced by its proximity to schools, rating highly in the decile system, ensuring a quality education for the family.
For families with children, the school zone is a significant plus. The area boasts highly-rated schools, providing an excellent educational environment for the young ones.
Updated on November 13, 2024