19 Thompson Street, Tokoroa, South Waikato

Presenting an immaculate refurbished home at 19 Thompson Street, a quiet cul-de-sac in Tokoroa, South Waikato. This freehold property boasts 4 bedrooms, a single carpark, and a floor area of 108 square meters on a spacious 736 square meter section. Constructed in 1972 with fibrous cement walls and an iron roof, both in average condition, the dwelling enjoys an easy/moderate rise contour. The highlights include an updated kitchen with new appliances, a brand new heat pump, fresh carpet and vinyl, and a renovated bathroom. The property is well-insulated and had its hot water cylinder replaced in 2020. Outside, a spacious covered deck, a covered woodshed, and fruit trees add to the appeal. The latest sale history shows a significant increase from $64,000 in 1996 to the current government valuation of $330,000, indicating a stable investment with a 0.0% CV increase since 2018. HouGarden AVM mirrors this valuation.

From a financial perspective, the property's capital value has remained unchanged since 2018, yet the latest sale prices from the '90s demonstrate the long-term appreciation potential. This stability is further complemented by the convenient location, with David Henry primary school right across the road, and various amenities within walking distance, including Tokoroa hospital and the local Cosmopolitan Club.

For families with school-aged children, the property falls within the highly sought-after school zone for David Henry Primary, ensuring access to quality education. The area's decile rating and the proximity to other educational facilities make this an ideal choice for those prioritizing schooling.

Updated on November 15, 2024