15 Kereru Street, Tokoroa, South Waikato

Located at 15 Kereru Street, Tokoroa, South Waikato, this residential dwelling offers fantastic value for money, making it an ideal family home or investment property. The property features three double bedrooms, one family bathroom with vanity and separate shower, and accommodates two cars. The floor area is 100 square meters, sitting on a 673 square meter freehold land. Built in 1972, the house has wood walls and an iron roof, both in average condition, and is situated on an easy/moderate rise contour. The original kitchen, functional and complemented by an open plan living/dining area, includes a gas heater on mains gas and a heat pump for year-round climate control. Additionally, the property boasts gas hot-water, ceiling and floor insulation, a fully-fenced section for kids and pets, and large garaging with an automatic door opener and extra space for a workshop or storage.

The property's capital value has remained at $375,000 since July 1, 2018, with no increase, reflecting a stable market value. The latest HouGarden AVM estimates the property at $357,500. It was last sold on March 9, 2024, for $215,000, a significant increase from its previous sale price of $175,000 on April 27, 2018. This demonstrates a robust demand and a healthy capital value growth potential for the property.

In terms of education, the property falls within the zone for Tainui Full Primary School, which is a full primary school with a decile rating of 2. This location is perfect for families looking for a home in close proximity to kindergartens, schools, shops, and Lake Moananui. With its central location, only a 40-minute drive to Rotorua, Taupo, and 60-minutes to Hamilton, Tokoroa offers the biggest bang for your property dollar available in the Waikato residential market.

Updated on April 04, 2024.