11 Andrew Street, Tokoroa, South Waikato

Located at 11 Andrew Street, Tokoroa, South Waikato, this residential dwelling presents a unique opportunity for those looking to undertake a significant renovation project. The property features 4 bedrooms, a tidy bathroom with a shower over the bath and a vanity, a separate toilet, and an open plan lounge with a wood burner. The kitchen and dining area flows seamlessly into the lounge, creating a cohesive living space. Additionally, there is a detached double garage with a dirt floor and a partially fenced 827m2 section. The exterior boasts weatherboard construction with an iron roof and a mix of timber and aluminium joinery. Despite its average condition in terms of wall and roof quality, and being built in 1961, this property screams potential for the right buyer willing to invest time and effort.

The property's capital value has remained steady at $375,000 since July 1, 2018, with no increase observed. The latest sale on March 3, 2024, was for $290,000, below both the government's capital value and the HouGarden AVM of $367,500. This indicates a property ripe for renovation and value addition. The property's floor area is 108m2, sitting on a level land area of 827m2, under freehold ownership.

In terms of education, the property falls within the zone for Tokoroa North School, a contributing school with a decile rating of 3. This highlights the potential for families looking to move into the area with educational considerations in mind. The property's location and school zoning make it an attractive option for a wide range of buyers.

Updated on March 21, 2024.