Nestled in the serene cul-de-sac of 22 Esk Crescent, Tokoroa, South Waikato, this freehold property presents a compelling investment opportunity. Constructed in 1950 with wood exterior walls and an iron roof, this residential dwelling offers 3 bedrooms, 1 bathroom, and a single carpark, spread across a comfortable floor area of 76m2. The property sits on a generous 1131m2 section with an easy/moderate fall contour, providing a spacious backyard prime for potential subdivision, subject to resource consent. Notably, the property has maintained an average condition in both walls and roof, with modern interior renovations and a cozy pellet fire for heating.
From a financial perspective, the property has a government valuation (CV) of $280,000 as of July 2021, unchanged from the 2018 valuation. However, the HouGarden AVM reflects the same value, while the latest sales history shows a significant increase from $220,000 in September 2020 to $331,000 in July 2024, indicating a growth percentage that may attract the attention of savvy investors. With a rental appraisal of $460-$480pw, this property holds the potential for both capital gain and steady rental income.
For families, the property falls within a desirable school zone, enhancing its appeal with access to well-rated educational institutions. This combination of investment potential, convenient location, and family-friendly amenities makes it a great opportunity not to be missed.
Updated on September 04, 2024
adresse | distance | nombre de chambres | nombre de salles de bain | superficie du bâtiment | date de vente | prix de vente | source de données | |
|---|---|---|---|---|---|---|---|---|
 | 0.08 km | 3 | 1 | 100m2 | 2024 09 29 | $382,000 | Council approved | |
 | 0.32 km | 0m2 | 2024 09 04 | $255,000 | Council approved | |||
 | 0.33 km | 3 | 1 | 130m2 | 2024 08 20 | - | Council approved | |
0.25 km | 3 | 1 | 85m2 | 2024 08 12 | $400,000 | Council approved | ||
 | 0.30 km | 6 | 3 | 170m2 | 2024 06 27 | - | Council approved |