Located at 9 Rimu Place, Tokoroa, South Waikato, this residential dwelling boasts a freehold ownership type, offering a sense of permanence and security. The property features three bedrooms, one bathroom, and two car parks, making it ideal for families or investors. With a floor area of 103 square meters and a generous land area of 794 square meters, there's ample space for outdoor activities and gardening. Constructed in 1967, the house has fibrous cement walls and an iron roof, both in average condition, complementing its level property contour.
Despite its age, the property has maintained a stable capital value (CV) of $490,000 since July 2018, with no increase observed by July 2021. The HouGarden AVM estimates its value at $480,000, slightly below the latest sale price of $460,000 on 19th July 2023, indicating a potential for investment growth. The property's capital value had previously peaked at $490,000 on 6th July 2021, showcasing its resilience in the market.
Education is a priority, and this property is zoned for Tokoroa North School, a contributing school with a decile rating of 3. This location offers a blend of comfort, convenience, and potential, making it an attractive option for families looking to settle in a community-focused area.