3 Ellison Avenue, Te Kuiti, Waitomo

This charming property located at 3 Ellison Avenue, Te Kuiti, Waitomo, is a quintessential example of a solid investment or a first home buyer's dream. Boasting three bedrooms, one bathroom, and two car parks, this brick dwelling spans a floor area of approximately 100sqm, sitting on a generous 764sqm freehold section. Built in the 1960s, the house features a durable brick exterior and a concrete tile roof. Inside, the condition of the walls is described as good, and the roof condition is average, ensuring a comfortable living space. The property's contour presents an easy to moderate fall, making it both appealing and functional.

Over the years, the capital value of this property has seen a remarkable increase, from $195,000 in September 2018 to $335,000 in September 2021, marking a 71.79% growth. This significant appreciation highlights the property's investment potential. The latest sale recorded on February 19, 2024, was at $335,000, up from $115,000 back in August 2015, further evidencing its steady market value increase. The HouGarden AVM estimates the property's value at $320,000, indicating a strong market position.

Located in a desirable school zone, this property ensures access to quality education, making it an ideal choice for families. The serene setting, combined with the convenience of nearby shops and schools, adds to the property's allure, offering both rural and urban views. This residence is not just a house but a home waiting for its next owner to make lasting memories.

Updated on April 05, 2024.