154 Balmoral Drive, Tokoroa, South Waikato

Nestled on a serene cul-de-sac at 154 Balmoral Drive, Tokoroa, South Waikato, this 1969-built residential dwelling boasts a freehold title. The 3-bedroom, 1-bathroom home with a single carpark is spread over an 82sqm floor area on an 817sqm section. The exterior walls, constructed from wood, and the iron roof are both in average condition. The property enjoys a capital value of $420,000, unchanged since 2018, reflecting a stable investment. The recent HouGarden AVM estimates the property at $392,500, while the latest sale history shows a significant increase from $190,000 in 2017 to $368,000 in 2024.

With a CV increase of 0.0%, this property offers a secure investment with potential for growth. The well-established gardens, both in the greenhouse and raised beds, are perfect for those with a green thumb. Inside, the warmth of the lounge is enhanced by a free-standing fireplace and a heat pump. The kitchen, combined with the dining room, features electric appliances. The updated, modern bathroom/toilet and the tranquility of the garden make this home unique. There are additional outside rooms, including a sauna and pottery room, and a storage shed that could double as a barbecue area.

For families with children, the property falls within a desirable school zone. The local schools are known for their high decile ratings, ensuring quality education for your family. Whether it's for entertaining on the enclosed deck or enjoying family meals, this property presents a slice of paradise waiting to be yours.

Updated on May 15, 2024