149b Old Te Kuiti Road, Otorohanga, Otorohanga

Nestled on a spacious 5607 sqm of land with freehold title on Old Te Kuiti Road, Otorohanga, this property is a gem in the lifestyle-vacant category. While the specifics of the exterior walls and roof construction remain unknown, the mystery adds to its potential for transformation. Currently without any structures, this blank canvas in a quiet cul-de-sac presents a unique opportunity for the imaginative buyer.

As per the latest valuations, the property has a government-assigned Capital Value of $290,000 as of October 2022, with the HouGarden AVM estimating it at $280,000. The latest sale record from September 5, 2024, shows a transaction at $253,000, indicating a potential for capital growth. The Capital Value has seen a steady increase over the years, making this a sound investment.

For families with children, the property falls within the catchment area of Otorohanga South School, a full primary with a decile rating of 4. This indicates a good standard of education in the local area.

Updated on October 09, 2024