27 Ngarongo Street, Te Kuiti, Waitomo

Nestled in the tranquility of 27 Ngarongo Street, Te Kuiti, Waitomo, this freehold property is a charming 96m2, three-bedroom brick home, built in the 1950s. The residence boasts an iron roof and brick walls in average condition, sitting on a levelled 830m2 section. It features a spacious kitchen that merges seamlessly into the living area, separate laundry, a single bathroom, and a garage that comfortably fits one car. This property's capital value has seen an impressive 80% increase from $175,000 in 2018 to $315,000 in 2021, with a HouGarden AVM of $305,000. The latest sale history includes a transaction of $320,000 in 2024 and $102,000 in 2013.

With a CV growth rate that speaks volumes about its investment potential, this home also enjoys a prime location, close to the Dairy, Centennial Park, and within walking distance to the town center. It's a corner property, partially fenced, providing privacy and convenience in a quiet cul-de-sac.

For families with children, the school zone is a significant draw. The property falls within a highly rated decile, offering access to esteemed educational institutions.

Updated on October 16, 2024