State Highway 3, Mahoenui, Waitomo

Nestled on a serene section of State Highway 3 in Mahoenui, Waitomo, this Lifestyle - Improved property is a charming example of early 20th-century architecture, built in 1930 with wood walls and an iron roof, both in average condition. It stands on a generous 9,724 sqm of land with an easy-to-moderate rise contour, perfect for those seeking a tranquil escape. The home boasts a floor area of 137 sqm and is held under the freehold title, ensuring long-term security and investment potential.

As for financials, the property has seen a significant Capital Value increase of 28.16% from $316,000 in September 2018 to $405,000 in September 2021. The HouGarden AVM estimates the property's worth at $372,500, while the latest sales history shows transactions at $330,000 in May 2021 and a more recent one at $450,000 in May 2024, indicating a steady rise in market value.

For families with educational considerations, this property falls within a highly regarded school zone with excellent decile ratings and a selection of top-performing schools, ensuring a sound investment in your children's future.

Updated on May 29, 2024