Nestled in the serene Aotea Estate Subdivision, this freehold property on 468sqm (more or less) of land is a gem waiting to be polished. With an unknown roof and wall construction, this residential vacant lot at 541 Sulby Drive, Kawhia, Otorohanga, offers breathtaking views of the Aotea Harbour and is surrounded by quality homes and a friendly community. The capital value has seen a significant increase from $140,000 in August 2019 to $300,000 as of October 2022, marking a growth of 114.29%. The HouGarden AVM estimates the property's worth at $300,000, aligning closely with the latest government valuation. The latest sale history shows a transaction at $240,000 on October 18, 2024, and $152,000 on September 9, 2019, indicating a promising investment opportunity.
For families, the property falls within a desirable school zone with excellent educational facilities. While specific school details are not provided, the area is known for its high decile ratings, ensuring a quality education for children.
Updated on November 20, 2024