85 Saint Andrews Drive, Tokoroa, South Waikato

Nestled in a serene cul-de-sac at 85 Saint Andrews Drive, Tokoroa, South Waikato, this 1960-built residential dwelling boasts 3 bedrooms, 1 bathroom, and 2 car parks. The 82sqm floor area is complemented by an expansive 817sqm level land, all within the comfort of freehold ownership. The property features wood exterior walls in average condition and an iron roof that's maintained in good condition. With a capital value of $345,000, unchanged since 2018, this home offers stability and potential for growth.

History shows a significant increase in value, from $39,000 in 1998 to the latest HouGarden AVM of $347,500. The latest sales were in 2006 at $79,000, indicating a consistent capital value growth. The property's CV has not increased, but the potential for added value is clear with the right improvements.

For families, the school zone is a significant draw, with highly-rated educational institutions nearby. This property is not just a home but also a wise investment, given the rental appraisal of $485 per week, with the potential to increase to $520 with cosmetic enhancements. The triple garage and fully fenced section add practicality, making this an entry-level home with numerous benefits.

Updated on September 18, 2024