Nestled on a level 607m2 section at 4 Tawhana Street, Te Kuiti, Waitomo, this residential dwelling boasts a freehold title with a modern brick exterior and a robust tile roof. Despite the fire damage to the dwelling, which is deemed beyond repair, the property presents a 173m2 floor area with 3 bedrooms and a carpark. The site, located in a quiet cul-de-sac, is close to the town center and holds a promising capital value growth history, with a 6.43% increase from $70,000 in September 2018 to $520,000 in September 2021. The property is offered for sale by Tender in its current 'AS IS' condition.
As per the latest records, the property's HouGarden AVM stands at $525,000, with the most recent sale taking place on August 27, 2024, for $595,000, indicating a significant value increase from the previous sale of $60,000 on May 29, 2020. This flat site in a serene setting presents a unique investment opportunity for interested parties to conduct their due diligence and submit tenders.
For families, the property falls within a desirable school zone, ensuring access to quality education. The nearby schools, known for their high decile ratings, make this property even more appealing for those seeking a well-rounded lifestyle.
Updated on September 04, 2024