150 Orchardist Way, Ngahinapouri, Waipa

Located at 150 Orchardist Way, Ngahinapouri, Waipa, this unique property presents a rare opportunity in a serene setting. As a vacant residential lot, it spans an impressive 3,790 square meters of level land, offering ample space for potential development. The property holds a freehold ownership type, although specific details about bedrooms, bathrooms, and floor area are not applicable as it currently stands undeveloped. The construction details of any potential building remain unknown, including the roof and wall construction, as well as their conditions.

Over the years, the property has seen a significant increase in its capital value, growing from $420,000 on August 1, 2019, to $610,000 on August 1, 2022, marking a 45.24% increase. This growth is further evidenced by its recent sale history, with the property selling for $669,000 on March 4, 2024, after a previous sale at $530,434 on June 9, 2022. The HouGarden AVM estimates the property's value at $597,500, indicating its desirability and potential for appreciation.

In terms of education, the property is ideally located within the zones of Ngahinapouri School, a full primary school with a top decile rating of 10, and Te Awamutu College, a secondary school catering to years 9-15 with a decile rating of 5. This combination offers excellent educational opportunities for families looking to build in the area.

Updated on March 27, 2024.