Nestled on a sprawling 8,593 square meters of levelled land, this impressive 4-bedroom property at 215 Karakariki Road, Whatawhata, Waikato, boasts a freehold title and a mixed-material construction both for the walls and the roof, both in good condition. The home, with a floor area of 218 square meters, includes 2 carparks and offers a serene lifestyle in a quiet cul-de-sac. The property has seen a consistent capital value of $850,000, with no increase over the observed period. However, the HouGarden AVM estimates a value of $780,000, and the latest sale history shows a significant jump from $518,000 in 2017 to $825,000 in 2024, indicating a potential for growth.
With a government valuation that has remained stable, this property presents a secure investment. The recent sale prices reflect a promising trend, with a notable percentage increase. The property's contour and size offer a range of possibilities, from farming to potential conversion, all within a convenient distance from Hamilton.
For families with school-aged children, the property falls within the zones of both Hamilton's Fraser High School, a secondary school with a decile rating of 4, and Whatawhata School, a full primary school with a higher decile rating of 8. This provides a solid educational foundation for children living in this scenic farm setting.
Updated on December 11, 2024