35 Baird Road, Tokoroa, South Waikato

Nestled on a serene cul-de-sac at 35 Baird Road, Tokoroa, South Waikato, this freehold property is a charming residential dwelling from the 1950s. It boasts 4 spacious bedrooms, a single car park, and a floor area of 121 square meters on a generous 828 square meter section. The exterior walls, constructed from wood, and the iron roof are both in average condition. Despite a zero percent increase in the Capital Value since 2018, currently valued at $400,000, this property presents a unique opportunity for investors or families. The recently renovated kitchen with modern appliances and the comfort of a heat pump in one bedroom and a woodburner in the lounge offer both charm and practicality. Notably, the property's latest sale history includes a sale price of $321,000 in 2024 and $100,000 in 2012, while the HouGarden AVM estimates the property's value at $402,500.

From a valuation perspective, the property's Capital Value has remained stable, yet the potential for growth is evident considering the increasing demand for properties in the area. The building's recent updates, including a new roof, ensure a worry-free investment for years to come.

For families with children, the property falls within the catchment of Tokoroa North School, a contributing school with a decile rating of 3. The quiet neighborhood and proximity to a reserve provide a safe and playful environment for children to grow up in.

Updated on September 25, 2024