745 Ngaruawahia Road, Te Kowhai, Waikato

Nestled on a serene 4.8512 hectares in the tranquil Te Kowhai, Waikato, this stunning freehold property at 745 Ngaruawahia Road boasts 3 bedrooms, 2 bathrooms, and 2 car parks. Constructed in 1950 with wood walls and an iron roof, it presents an average condition both inside and out. The property, with a floor area of 150 square meters, is situated on a level contour, providing a perfect blend of privacy and space. The current government valuation (CV) stands at $1,395,000, unchanged from the previous year, yet the HouGarden AVM estimates it at $1,402,500, hinting at its hidden potential. Notably, the property has seen a significant increase in value since its last sale in 2013, which was for $665,000, and before that, in 1993, for only $88,000.

For families with school-aged children, the property falls within the zones of the highly rated Te Kowhai School (decile 10) and Hamilton's Fraser High School (decile 4), ensuring access to quality education. The recent council approval for a sports park at 757 Ngaruawahia Road adds further value, promising community enhancements and potential future amenities.

With motivations high and the vendors eager to part ways, this property presents an opportunity not to be missed. It's a chance to own a piece of tranquility, with ample space for entertainment and the rural lifestyle you've been dreaming of.

Updated on September 12, 2024