Located at 352 Bedford Road, Te Kowhai, Waikato, this lifestyle vacant property presents a unique opportunity for those seeking to build their dream home on a substantial 1.1519 Ha parcel of flat land. The land is set back off Bedford Road, ensuring privacy and offering rural views. With no existing buildings, the land area totals 11519 square meters, and it comes with Freehold ownership. The property's contour is level, but details regarding the roof and wall construction are unknown, reflecting its status as a vacant lot. The property is ideally positioned to enjoy the Village of Te Kowhai and provides easy access to Hamilton City and arterial routes. Notably, the purchase price includes GST, and the vendor is GST registered. The zoning for this property is Rural 1A.
The property's capital value has remained steady at $550,000 since July 1, 2017, with no increase recorded by October 1, 2020. The HouGarden AVM estimates the property's value at $537,500. Noteworthy future developments include the completion of post and rail boundary fencing and a 3m wide gravel driveway from the roadside to the entrance before settlement. Additionally, the vendor commits to supplying potable water for building purposes and outlines that covenants, including planting guidelines and the allowance for normal farm practice, are pending completion.
Education is well catered for, with the property falling within the zones for Te Kowhai School, a full primary school with a decile rating of 10, and Hamilton's Fraser High School, a secondary school covering years 9-15 with a decile rating of 4. This location is perfect for families seeking quality education options.
Updated on March 27, 2024.