49c Hinewai Street, Otorohanga, Otorohanga

Nestled in the tranquility of a quiet cul-de-sac at 49c Hinewai Street, Otorohanga, this 1987-built residential unit boasts a cross-lease title. The 2-bedroom, 1-carpark home is enveloped by concrete walls and topped with tile roofing, both in good condition. Spacious at 140sqm, it sits on a level contour, offering an easy-care lifestyle. The government's capital value has seen a 33.33% increase from $360,000 in August 2019 to $480,000 as of October 2022. HouGarden's AVM estimates the property at $460,000, while the latest sales were at $340,000 in 2018 and $143,000 in 2004. This home, with its north-facing conservatory, open-plan living, and a heat pump for all-season comfort, is perfect for those seeking low maintenance living.

Property investment here is further enhanced by the 4-decile Otorohanga South School, a full primary school within the zone. Whether you're a first-time buyer or downsizing, this property's reduced price and the owner's motivation to sell make it an opportunity not to be missed.

Updated on October 21, 2024