21 Berwick Place, Tokoroa, South Waikato

Nestled in the tranquility of 21 Berwick Place, Tokoroa, this charming residential dwelling on a freehold title boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with wood walls and an iron roof, this property presents an average condition both inside and out, sitting on an easy-to-moderate rise contour. The floor area spans 81 square meters, while the land area is a generous 809 square meters. With a government capital value of $285,000 since 2018, this property has seen no increase in CV but holds a HouGarden AVM of $275,000. The latest sale history is notable, with a sale price of $320,000 in 2024 and $69,000 in 2012, indicating a significant appreciation in value.

For investors seeking to enhance their portfolio, this property offers a golden opportunity. Currently tenanted with a rental income of $470 per week, it features a tidy layout with an open-plan kitchen and dining area, separate lounge, and a wood burner for heating. Its location is strategically close to schools, hospital, and amenities, making it a desirable living space. The property has been maintained to healthy homes standards and is managed by a reputable company.

As for the school zone, this property falls within a highly regarded catchment area. The local schools are known for their high decile ratings, providing an excellent educational environment for families. This combination of a solid investment with a promising educational zone makes it an attractive prospect for both investors and families.

Updated on October 23, 2024