Located at 251 Balmoral Drive, Tokoroa, South Waikato, this residential dwelling is a testament to the opportunities it presents, especially for the astute buyer. With a freehold ownership type, the property spans a floor area of 180m² and sits on a land area of 789m². Built in 1967, the house features 3 bedrooms, wood wall construction, and tile roofing, both in average condition. The property's contour is described as easy/moderate rise, making it appealing for development or renovation. It boasts dual access from Balmoral Drive and Kahu Street, a large sunny north-facing lounge extending to a conservatory, a spacious formal dining room, and ample garage space with a workshop and storage area.
The property's capital value has remained steady at $375,000 since July 2018, with no increase observed. The latest HouGarden AVM estimates the property's value at $357,500, slightly below the capital value. It was last sold on January 16, 2024, for $251,000, indicating a potential for value appreciation. The property's unique features and the recent sale price make it an attractive investment or family home.
In terms of education, the property falls within the zone for Tainui Full Primary School, which has a decile rating of 2. This information is crucial for families considering the educational needs of their children.
Updated on April 06, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.36 km | 3 | 1 | 97m2 | Year 2024 Month 10 Day 23 | $495,000 | Council approved | |
 | 0.38 km | 3 | 1 | 90m2 | Year 2024 Month 10 Day 08 | - | Council approved | |
0.34 km | 3 | 102m2 | Year 2024 Month 09 Day 28 | $400,000 | Council approved | |||
 | 0.21 km | 3 | 1 | 97m2 | Year 2024 Month 09 Day 08 | $440,000 | Council approved | |
0.22 km | 3 | 114m2 | Year 2024 Month 07 Day 24 | $400,000 | Council approved |