72 Dalmeny Street, Tokoroa, South Waikato

Nestled in the tranquility of a quiet cul-de-sac at 72 Dalmeny Street, Tokoroa, South Waikato, this 1986-built residential dwelling sits on a freehold title with a generous land area of 809sqm. The home, featuring 3 bedrooms, 1 bathroom, and an open floor plan of 87sqm, is clad with fibrous cement and roofed with iron. While the property requires a substantial renovation, estimated at around $120,000, it presents a solid structure with minor roof repairs needed and no issues with piles or cladding. The property's CV has remained stable at $375,000 since 2018, with a 0.0% increase, and the HouGarden AVM estimates it at $347,500. The latest sale was recorded on April 18, 2024, at $210,000, indicating potential for value appreciation post-renovation.

Despite the current condition, the property has a rental market value in the range of $600+, with social housing potential at $500 to $550. The renovation, though extensive, is not complex and could transform this property into a comfortable family home. With an urgent need to sell, the owner is open to offers and aims to secure an unconditional sale before the 15th. For a viewing or more information, visit the listing at: https://listed.co.nz/property/3195.

For families with children, the property falls within a desirable school zone, with quality educational institutions and a favorable decile rating, ensuring a sound investment in both property and education.

Updated on May 15, 2024