Located at 27c Marshmeadow Road, Newstead, Waikato, this lifestyle-improved property boasts a spacious floor area of 330m2, set on a generous land area of 54,108m2. Built in 2019, the property features 5 bedrooms, brick walls in good condition, and an iron roof also in good condition. The freehold property offers ample parking with 4 car parks, catering to a family's needs. Its level contour and the quality of construction make it an appealing choice for those seeking a comfortable and spacious living environment.
From a financial perspective, the property has seen a significant increase in capital value, from $1,870,000 in July 2017 to $2,540,000 in October 2020, marking a 35.83% growth. The HouGarden AVM estimates its value at $2,490,000. Historical sales data reveals a sale for $797,500 in August 2017 and $650,000 in February 2016, highlighting the property's appreciating value over time. This property represents an exceptional opportunity, especially considering its below-replacement cost offering.
Education is a priority, and this property is zoned for several high-decile schools, including Newstead Model School (decile 10), Marian Catholic School (Hamilton) (decile 7), Hillcrest High School (decile 7), and Berkley Normal Middle School (decile 8). These schools offer quality education options for children of all ages, making it an ideal location for families.
Updated on March 22, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 1.74 km | -m2 | Year 2024 Month 10 Day 29 | $1,200,000 | Council approved | |||
 | 2.66 km | 4 | 0m2 | Year 2024 Month 08 Day 13 | $920,000 | Council approved | ||
 | 2.69 km | 4 | 2 | -m2 | Year 2024 Month 07 Day 17 | $2,000,000 | Council approved | |
 | 1.80 km | 3 | 2 | 188m2 | Year 2024 Month 06 Day 21 | $1,000,000 | Council approved | |
 | 0.89 km | 2 | 2 | 207m2 | Year 2024 Month 06 Day 19 | - | Council approved |