Nestled on a level plot of 13.34 acres, this freehold property at 79 Mckenzie Road, Mangatawhiri, Waikato, offers a serene lifestyle with a stream boundary and newly planted natives. The unknown roof and wall construction add a touch of mystery to this vacant lifestyle block. With multiple potential house sites, it's set back from the road, ensuring privacy and rural views that allow you to immerse in the bush backdrop. A covenant of Kahikatea provides additional seclusion from the neighboring section. The property has a government valuation of $850,000 as of October 1, 2023, with the HouGarden AVM estimating it at $790,000. The latest sale on November 20, 2024, was for $700,000, indicating a potential for capital value growth. This section is perfect for those seeking space for a shed, arena, or car collection, and is ideal for grazing horses or keeping pets. It's within walking distance to Mangatawhiri school and conveniently located with easy access to Auckland, Coromandel, and Hamilton.
With a government valuation that has been on the rise, this property presents a promising investment. The recent sale history and the AVM reflect a dynamic market, where the capital value has shown a significant increase over time, making it an attractive opportunity for potential buyers.
For families with children, the school zone is a significant plus. The property falls within the catchment area of highly regarded schools, including Mangatawhiri School, ensuring a quality education for your children.
Updated on December 18, 2024