Nestled in the tranquil Harrisville School zone, this freehold property at 12 Armitage Place, Tuakau, Waikato, presents a lucrative opportunity on a level 1,937m2 section. The 380m2 home, built in 1970 with brick walls and an iron roof, currently holds an average condition but boasts immense potential. It features 4 bedrooms, 1 carpark, and a layout that includes two master bedrooms with ensuites, an open plan kitchen/dining, two separate lounges, an office, and more. The property's Capital Value (CV) has maintained at $990,000 since 2023, with a 0.0% increase, while HouGarden's AVM estimates it at $965,000. Notably, the latest sale history shows an upward trend from $825,000 in 2019 to $930,000 in 2024. This is a golden chance for renovation enthusiasts to transform this diamond in the rough into a masterpiece.
With a CV that has held steady and a recent sale history indicating growth, this property offers both financial security and potential for capital gain. The quiet cul-de-sac location and mature native trees add to the appeal, providing a serene setting for a modern living showcase.
For families with school-aged children, the property falls within the highly regarded Harrisville Primary School and Tuakau College zones, with respective deciles of 5 and 4. This addresses both educational and investment needs, making it an attractive prospect for those seeking quality education and property value.
Updated on August 20, 2024