1138a Waikare Road, Waerenga, Waikato

Nestled on a vast section of 1582 square meters at 1138a Waikare Road, Waerenga, this dairy farm boasts a floor area of 277 square meters and is held under the freehold title. While the specifics of the exterior walls and roof construction remain unknown, the property's milk production categorization speaks to its agricultural value. This serene property, located in a quiet cul-de-sac, invites potential with its untapped potential and stable landholding.

As per the valuation records, the property's capital value has remained stable at $3,850,000 since October 2023, showing no increase over the period. However, the HouGarden AVM estimates the property's worth at $2,890,000, and the latest sale on June 4, 2024, fetched an impressive $4,100,000, indicating a possible undervaluation in the government's assessment.

For families with educational considerations, the property falls within the zones of Waerenga School, Te Kauwhata Primary School, and Te Kauwhata College. These institutions are rated with respective deciles of 6, 5, and 4, offering a solid educational foundation for children of all ages.

Updated on June 19, 2024