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4 Mace Crescent, Otorohanga, Waikato, 3 Bedrooms, 1 Bathrooms, House

$550,000

4 Mace Crescent, Otorohanga, Waikato

3
1
1
620m2
HouseListed on Thu May 23
Price drop

Otorohanga 3 Bedroom A Solid Starter

Built in the 1970's, this solid brick home with double glazing is a fabulous opportunity for first home buyers wanting to step onto the property ladder, or investors keen to add to their rental portfolio.

Set in a quiet cul-de-sac close to town and local schools, this tidy property is 'Healthy Homes' compliant and currently tenanted at $500.00 per week.

The floorplan features a combined kitchen and dining room, a sunny family lounge, three spacious bedrooms, functional family bathroom, separate toilet and laundry. Other notable features include a dishwasher, centrally located wood burner, insulation and a covered entertainment patio - a lovely sunny spot to relax with friends and family.

Buyers keen to refurbish and add value to their investment will quickly spot the potential to modernise and enjoy what they've created.

There is plenty of scope to further develop the flat, easy-care 620m2 (approx.) section and the detached single garage includes a handy rear workshop.

This is a fantastic opportunity to secure a sound property loaded with potential. Investors and first home buyers should definitely contact Fiona to arrange a time to view.

* SOURCES FOR INFORMATION BELOW:

Otorohanga District Council

Waikato Regional Council

Property Guru

* C.V: $560,000

* L.V: $220,000

* O.D.C. Rates: $2,607.45 (approx.)

* W.R.C. Rates: $379.53 (approx.)

* Area: 620m2 (approx.)

Ref #4104087

Location

Council Data

Last update : 2024 06 25
Improvement value$340,000Increased by 61% from year 2019
Land value$220,000Increased by 25% from year 2019
CV(Year 2022 Month 10)$560,000Increased by 45% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area620m²
Floor area119m²
Decade of construction1970
TitleSA6C/1131
Type of titleFreehold
Legal descriptionLOT 12 DPS 10664
CouncilOtorohanga
Estate descriptionFSIM,1/1,LOT 12 DEPOSITED PLAN SOUTH AUCKLAND 10664,620m2
ConstructionExternal Walls: Brick Roof: Iron
ConditionExternal Walls: Good Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Otorohanga South School
0.09 km
Primary
1-8
Government
Co-Educational
EQI: 480
4

Property history

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For developers

Unitary plan:-
Land:620m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

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Ref:1MHCGG8Last update:2024-06-12 13:31:04