54 Dalmeny Street, Tokoroa, South Waikato

Positioned at 54 Dalmeny Street, Tokoroa, in the South Waikato region, this residential dwelling on a freehold title is a charming opportunity for investors and first-time buyers. Constructed in 1950 with wood exterior walls and an iron roof, the property boasts an area of 103 square meters with a single carpark and a level contour. It features four double-sized bedrooms, a modern kitchen and bathroom, and is fully insulated top to bottom with a freshly painted exterior and roof. The CV has remained stable at $365,000 since 2018 with no increase, while the HouGarden AVM estimates the property at $340,000. Notably, the latest sales were in 2017 for $137,000 and in 2007 for $100,000, indicating a potential for capital growth. This property is not just about the numbers; it's about the lifestyle, being within walking distance from the CBD and offering a rental appraisal of $540 per week, which could mean a gross return of over 7.4% at the asking price.

For families with children, the school zone is a significant draw. With a focus on education, this property falls within a highly regarded decile rating, ensuring access to quality schools.

Don't miss the chance to own this little gem that could reward you handsomely in the future.

Updated on July 03, 2024