Nestled on 55.5179 hectares of picturesque pastoral land at 223 Coutts Road, Marokopa, Waitomo, this freehold property is a charming farmlet that has undergone significant improvements. Constructed in 2000 with wood walls and an iron roof, the property maintains an average condition. It boasts 2 carparks and a floor area of 120 square meters. The investment in fencing, fertility, and infrastructure has prepared this property for its next chapter.
With a government capital value of $950,000 as of September 2021, the property has shown a 25% increase since 2018. The HouGarden AVM estimates the property at $862,500, while the latest sales history includes a sale in 2024 for $1,150,000 and another in 2019 for $865,000, indicating a strong market interest.
For families, the property falls within a school zone with reputable institutions, ensuring quality education for children. This, coupled with the property's potential for tourism ventures, makes it an attractive opportunity for those seeking their first farm or a semi-retirement/larger lifestyle block.
Updated on April 18, 2024