Nestled in the serene Thompson Street, this freehold property is a charming residential dwelling from the 1970s, featuring a fibrous cement exterior and an iron roof. It boasts 3 bedrooms, a single car park, and a floor area of 103 square meters on a levelled 809 square meter plot. The property's capital value has remained stable at $340,000 since 2018, with a HouGarden AVM of $335,000, and a recent sale in 2024 for $380,000, indicating a potential for growth. Inside, you'll find comfortable living spaces with 2 heat pumps, a Metro logburner, HRV ventilation, and a modern kitchen with a rangehood.
With a consistent CV and a recent sale price that reflects a positive trend, this property presents a secure investment opportunity. The zero increase in CV over the years masks the true potential of this home in a rapidly appreciating market.
For families with children, the property falls within the highly sought-after school zone of David Henry School and kindergarten, ensuring top-notch education. The convenient location close to Lake Moananui, Aotea shops, and essential services like doctors and the hospital, further enhances the appeal of this property as a perfect blend of comfort, convenience, and potential return on investment.
Updated on August 21, 2024