Nestled in the heart of Ngaruawahia, at 37a River Road, this 1985-built residential gem with a cross-lease title is a perfect blend of comfort and potential. The 3-bedroom, 1-bathroom, and single carpark home boasts an iron roof and fibrous cement walls, all in average condition. Spacious with 78 square meters of floor area, it's a light-filled haven with an open-plan living area featuring a cozy fireplace. The expansive wraparound deck is an added luxury, extending the living space to the outdoors. The property's government valuation (CV) stands at $370,000 as of the latest assessment, with no increase from the previous year. HouGarden's AVM estimates the property at $340,000, while the latest sale in 2018 was for $262,000. This home is not just a solid investment, but also a convenient choice for families, being in a location that's a short walk from town and excellent schools, with a rating that's sure to please.
With a CV that remains stable and a property that's ready to be called home, this is a golden opportunity not to be missed. The zero increase in CV may be a sign of a solid investment that's not subject to market fluctuations, making it an attractive prospect for both first-time buyers and seasoned investors. The property's history shows a consistent value, and its location within a sought-after school zone adds to its appeal.
For families with children, the school network is a significant plus. The nearby schools are well-rated, ensuring a quality education for your little ones. This home is not just a structure, it's a foundation for a bright future.
Updated on December 09, 2024