Nestled at 1b Kowhai Street, Tuakau, Waikato, this residential dwelling on a Freehold title boasts 3 spacious bedrooms, a single carpark, and a floor area of 110 square meters on a level 329 square meter plot. Constructed in 1997 with wood walls and an iron roof, both in good condition, this home has recently been renovated, making it an ideal choice for growing families, investors, or first-time buyers. The property, with a current Capital Value (CV) of $540,000, has seen no increase since July 2023, maintaining its affordability. The open plan living and dining areas, beautifully designed kitchen, and freshly painted interiors create a warm and inviting atmosphere, while the large BBQ areas and modern family bathroom add to the appeal. The property also includes new carpeting, vinyl, and blinds, along with a separate laundry and ample storage.
As for the financials, the HouGarden AVM estimates the property's value at $525,000, with the latest sales in 2020 and 2019 at $465,000 and $400,000 respectively, indicating a potential for capital growth. The CV has remained stable, reflecting a consistent investment opportunity in the heart of Tuakau.
For families with school-aged children, the property falls within the Tuakau College zone, a secondary school with a decile rating of 4. The location is perfect, with an easy walk to town, shops, schools, playgrounds, and parks, making it a convenient and desirable address.
Updated on August 19, 2024