Nestled in the serene village of Pirongia, this residential vacant lot at 882 Collinson Street offers a promising investment. Embracing freehold title, the property boasts a level contour and a generous land area of 2327m2. While the specifics of the wall and roof construction remain unknown, the site is complemented by a near-new shed, perfect for storing a motorhome, boat, or caravan. The property has seen a significant Capital Value (CV) increase of 43.21% from $405,000 in 2019 to $580,000 as of 2022. The HouGarden AVM estimates the property's worth at $572,500, with the latest sale recorded at $515,000 in 2024. This address falls within the decile 10 Pirongia School and decile 5 Te Awamutu College zones, ensuring top-notch education for the family.
With a CV growth that outpaces the market and a quiet cul-de-sac location, this is a golden opportunity to create your dream home. The area is seeing ongoing development, making it an ideal time to invest. Don't miss this chance to discuss your options and start your property journey.
Education is a priority, and this property is well within the catchment area of highly-rated schools. Both Pirongia School, a full primary school, and Te Awamutu College, catering to secondary students, are within easy reach. This promises a bright future for the family, with quality education right at your doorstep.
Updated on November 13, 2024