51 Union Street, Waihi, Hauraki

Nestled on a serene cul-de-sac at 51 Union Street, Waihi, Hauraki, this 1900-built residential dwelling boasts 3 bedrooms, 1 bathroom, and an expansive floor area of 84 square meters. It sits on a generous 809 square meter freehold section with iron roofing and wooden exterior walls, currently in a poor condition. Despite the need for some TLC, the property enjoys an easy/moderate rise contour and is valued at $550,000 according to the latest government valuation in September 2021, showing no increase from the previous valuation in July 2021. The HouGarden AVM estimates the property's worth at $505,000, while the latest sale on October 30, 2024, was at $450,000.

Reflecting a zero percent capital value increase, this property presents a potential investment opportunity. It's a quiet haven with a rich history, waiting to be rejuvenated.

As for the school zone, the property falls within a highly regarded decile rating, ensuring access to quality education.

Updated on December 04, 2024