Located at 8 Adams Street, Waihi, Hauraki, this residential dwelling offers a unique opportunity for those looking to make their mark on a property. With 2 bedrooms, 1 bathroom, and a single carpark, this compact home spans a floor area of 70 square meters on a well-fenced 499 square meter section. Built in 1940, the house features mixed materials for the walls and an iron roof, both in average condition. The property's contour presents an easy to moderate fall, making it an interesting project for renovation enthusiasts. The freehold ownership type ensures that buyers have full control over their property.
The property's capital value has remained steady at $530,000 as of September 2021, with no increase from its previous valuation in July 2021. Despite this, the HouGarden AVM estimates the property's value at $520,000. Historical sales data reveals a significant increase in value over the years, with the latest sale recorded at $180,000 in May 2016, up from $170,000 in August 2007. This demonstrates a solid investment potential for those willing to enhance the property's value.
Situated within a desirable school zone, this property offers great educational opportunities. However, specific details regarding decile ratings and nearby schools are not provided, indicating potential buyers should conduct further research into local educational facilities to ensure they meet their needs. The property's location and potential make it an attractive option for families and investors alike.
Updated on March 21, 2024.