495 Koheroa Road, Mercer, Waikato

Nestled on a serene 2.86-acre lot at 495 Koheroa Road, Mercer, this charming 1930's cottage boasts a freehold title and presents an inviting lifestyle opportunity. The home, with its iron roof and wooden exterior walls, offers an average condition with a cozy floor area of 83 square meters. It comprises two bedrooms, one bathroom, and a separate laundry, complemented by a workshop garage with space for two cars. The property's capital value remains stable at $740,000, with no increase since the last valuation, reflecting a potential investment haven.

History shows a promising growth trajectory, with the latest sale in 2017 fetching $560,000, a significant jump from the 2012 sale of $305,000. The HouGarden AVM estimates the property's worth at $720,000. Despite the CV increase percentage standing at 0.0, the property's value has consistently appreciated over the years.

For families with school-aged children, the property falls within the zones of Pukekohe High School (Decile 6), Mangatawhiri School (Decile 7), and Tuakau College (Decile 4). This provides a range of educational options and a community where friendships flourish. Embrace the tranquility of country living while being minutes away from the conveniences of town.

Updated on August 21, 2024