Nestled amidst idyllic farmland on a serene road, this attractive 6-hectare freehold property at 141c Oram Road, Mercer, Waikato, is a rare find. With a choice of elevated house sites, it offers breathtaking wide country views, a northerly aspect, and a gentle to rolling contour, making it ideal for grazing horses or cattle. The property benefits from a farm water easement and lacks building covenants, providing flexibility for future development. The capital value remains stable at $831,000, with a HouGarden AVM of $835,000. Notably, the property has seen a recent sale history with a significant increase from $560,000 in 2021 to $700,000 in 2024. The unknown roof and wall construction adds a layer of intrigue to this Lifestyle - Vacant category property.
With a CV increase of 0.0% and a property contour described as level, this land holds great potential for capital growth. The latest sale prices reflect a promising investment opportunity in this prime location, just 3 minutes from the Waikato Expressway.
For families, the property falls within the Tuakau College zone, a secondary school with a decile rating of 4, ensuring quality education for children.
Updated on October 02, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.32 km | -m2 | Year 2024 Month 12 Day 20 | $155,000 | Council approved | |||
 | 0.31 km | 3 | 2 | -m2 | Year 2024 Month 11 Day 01 | $550,000 | Council approved | |
 | 2.65 km | -m2 | Year 2024 Month 09 Day 26 | $165,000 | Council approved | |||
 | 0.30 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 12 | $575,000 | Council approved | |
 | 0.34 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 01 | $820,000 | Council approved |