Nestled in the heart of Tokoroa, South Waikato, this charming residential dwelling at 20 Benella Street boasts a freehold title on an 827sqm section. Constructed in 1950 with wood walls and an iron roof, the property enjoys an average condition with a floor area of 180sqm, including 3 bedrooms and a single carpark. The capital value has remained stable since 2018 at $410,000, reflecting a zero increase percentage. The house features a renovated kitchen with modern amenities, a spacious back deck, and a fully fenced backyard. Notable features include large windows for ample natural light and a garage with additional storage space. The latest sale history shows a transaction at $430,000 in 2024 and $98,000 in 2005, while the HouGarden AVM estimates the property at $407,500.
From a valuation perspective, the property has seen no significant change in its capital value over the years, maintaining a consistent figure of $410,000 since 2018. The HouGarden AVM provides a slightly lower estimate, which could present a potential opportunity for investors. The recent sale price of $430,000 indicates a positive trend in the local market.
For families with children, the property falls within a desirable school zone. Tokoroa offers affordable living with easy access to local amenities, CBD, parks, and churches, ensuring a high quality of life and convenience.
Updated on November 20, 2024