116a Greenslade Road, Raglan, Waikato

Nestled in the serene Raglan, this charming dwelling at 116a Greenslade Road offers the perfect blend of convenience and potential. Constructed in 1970 with wood walls and an iron roof, this freehold property boasts a single bedroom, bathroom, and carpark, spread across a cozy 47 square meters of floor area. The 1171 square meter section is characterized by a steep fall, providing a picturesque view of Raglan harbour from its north-facing deck. With a government valuation of $720,000, unchanged since 2017, and a HouGarden AVM of $690,000, this property presents a stable investment. Notably, the capital value has seen no increase, yet the latest sale history in 1998 for $107,000 and in 1997 for $101,000 hints at a consistent market interest. For families, the Raglan Area School (Y9-13) with a decile rating of 4 is a significant draw.

From a financial standpoint, this property is priced to sell, offering an affordable entry into the market without compromising on the relaxed beach lifestyle. The vendors are committed elsewhere, presenting a genuine opportunity for buyers looking for their first home or a beach bach without wanting to deplete their savings. The property’s future potential is immense, whether as a site for building a new home or further development. Enjoy the simplicity of kiwi life with board games, bush exploration, and beach days, all while securing a piece of paradise at a reasonable price.

Educationally, the property falls within a school zone that includes Raglan Area School, catering to years 9 through 13. The composite school is decile 4, reflecting a good standard of education for the area. This cute retro cottage is not just a home; it's an investment in a lifestyle that promises relaxation and the convenience of a prime location.

Updated on May 02, 2024