34 Esk Crescent, Tokoroa, South Waikato

Nestled in a serene cul-de-sac at 34 Esk Crescent, Tokoroa, this freehold property is a gem for the discerning investor. Constructed in 1950 with wood walls and an iron roof, the dwelling maintains an average condition both inside and out. It spans across a level 1482m2 land with a floor area of 100m2, hosting 3 bedrooms, 1 bathroom, and 2 car parks. The property's capital value has remained stable at $350,000 since 2018, showcasing a CV increase of 0.0%. The recent HouGarden AVM estimates the property's worth at $347,500, while the latest sale history shows a significant jump from $156,000 in 2018 to $382,000 in 2024, indicating a promising investment trajectory.

With a consistent capital value and a recent sale price that reflects a substantial growth percentage, this property is a secure investment choice. It's located in a prime area, close to the CBD, schools, parks, and the hospital, offering both convenience and potential for further value enhancement through development or subdivision (subject to consent).

For families with children, the property falls within a desirable school zone. The local schools are well-rated, ensuring access to quality education. This combination of a stable investment with growth potential and a family-friendly location makes 34 Esk Crescent an opportunity not to be missed.

Updated on November 27, 2024