Bridge Street, Tokoroa, South Waikato

Nestled on Bridge Street, Tokoroa, in the South Waikato region, this commercial property is set on a freehold title with a land area of 433 square meters and a floor area of 330 square meters. Constructed in 1960, the property features concrete walls and a fibrous cement roof, both in average condition. It's designed for retail use, strategically positioned without specific bedroom or bathroom details, and offers no carparks.

According to the latest valuation records, the capital value has remained stable at $420,000 since 2018, indicating a 0.0% increase over the period. The HouGarden AVM estimates the property's value at $412,500. Notably, the property's latest sale history includes a transaction on August 2, 2024, for $375,000, and an earlier one on February 14, 2006, for $110,000.

For families considering the area, the property falls within a school zone with favorable decile ratings and quality educational institutions.

Updated on August 21, 2024