685a Karioitahi Road, Otaua, Waikato

Nestled at 685a Karioitahi Road, Otaua, Waikato, this residential dwelling boasts a freehold title on a level plot of 1500 square meters. The modern construction, dating back to 2022, features a fibrous cement exterior and an iron roof, both in good condition. It offers a single carpark and a floor area of 118 square meters. With a CV of $880,000 as of the latest assessment, this property presents a stable investment opportunity.

History shows a consistent CV with no increase from the previous assessment. However, the HouGarden AVM estimates the property's value at $805,000. Notably, the latest sale was recorded on November 3, 2024, at $720,000, following a previous sale in January 19, 2022, at $847,421, indicating a potential for capital growth.

For families with school-aged children, Waiuku College, a secondary school with a decile rating of 6, is the designated educational institution in the zone, ensuring quality education within the community.

Updated on December 11, 2024