57 Morvern Crescent, Tokoroa, South Waikato

Nestled at 57 Morvern Crescent, Tokoroa, South Waikato, this charming residential dwelling is a freehold property that has stood since 1960. It boasts 3 comfortable bedrooms, a single bathroom, and a carpark. The 98 square meter floor area is complemented by an expansive 847 square meter land, with walls constructed of wood and a roof made of iron. Both the walls and roof are in average condition, sitting on a property with an easy to moderate rise contour. It's a home designed with functionality and comfort in mind, evident in its renovated features and modern kitchen that flows into a combined dining area, perfect for family gatherings and entertaining.

Since the latest sales in 2019 and 2018, the property has seen a consistent Capital Value (CV) of $420,000, with a HouGarden AVM of $412,500, reflecting a stable investment opportunity. The CV has maintained its value over the years, showing a 0.0% increase since 2018. This is a home that has been loved, and it's now priced attractively for a serious buyer.

For families with children, the school zone is a significant plus. The property falls within a highly regarded school district, ensuring access to quality education. This, coupled with the Healthy Homes Compliance and a reliable tenant paying $490 per week, makes it an even more appealing investment.

Updated on September 02, 2024