Nestled in the tranquility of 7 Tregoweth Lane, Huntly, Waikato, this industrial property with a freehold title is a gem that shines with potential. It boasts 4 bedrooms, 2 bathrooms, and a spacious floor area of 580 square meters on a land plot of 845 square meters. While the specifics of the roof and wall construction remain unknown, the property's contour is not a hindrance to its allure. The government's capital value assessment has remained stable at $730,000 since 2017, indicating a reliable investment with a 0.0% increase over the years. The HouGarden AVM estimates the property's worth at $680,000, making it an attractive prospect for the discerning buyer.
History has shown that this property holds value, with a sale in 2018 fetching $685,000, a significant leap from the $9,000 sale in 2003. This property is not just a static investment; it's a dynamic opportunity with a potential for positive cash flow, thanks to the front tenancy that can contribute to your mortgage payments. Whether for an owner-occupier seeking a perfect workspace or an investor looking for a secure lock-and-leave property, this is a chance not to be missed.
For families, the school zone is a significant draw, with quality educational institutions adding to the property's appeal. The property falls within a highly rated decile, ensuring access to some of the best schools in the region.
Updated on May 09, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.48 km | 3 | 1 | 97m2 | Year 2024 Month 12 Day 13 | - | Council approved | |
 | 0.61 km | 2 | 1 | 85m2 | Year 2024 Month 09 Day 12 | $430,000 | Council approved | |
 | 0.62 km | 2 | 1 | 86m2 | Year 2024 Month 09 Day 12 | $485,000 | Council approved | |
 | 0.53 km | 3 | 198m2 | Year 2024 Month 09 Day 07 | $599,000 | Council approved | ||
 | 1.52 km | 2 | 1 | 80m2 | Year 2024 Month 08 Day 30 | $740,000 | Council approved |