177 Balmoral Drive, Tokoroa, South Waikato

Nestled on a quiet cul-de-sac at 177 Balmoral Drive, Tokoroa, South Waikato, this charming 3-bedroom, 1-bathroom residence boasts a freehold title on an easy-to-moderate rise section of 809 square meters. Constructed in 1960 with weatherboard exterior and a robust iron roof, the property exudes a cozy, vintage ambiance. The well-insulated interior features a separate lounge with a heat pump, a wet floor shower, and a combined dining/kitchen area with a walk-in pantry, ensuring both comfort and practicality. The property also includes a detached single garage and a spacious hobby room, adding to its appeal.

With a consistent Capital Value of $340,000 since 2018, this property presents a stable investment opportunity. The HouGarden AVM estimates the property's value at $342,500, reflecting a promising potential for growth. The CV has seen no increase, making it an attractive prospect for buyers looking for a fair deal. Moreover, the property's recent sale history and the current tenant's willingness to stay, paying $530 per week, speak volumes about its rental appeal.

For families with children, the property falls within a desirable school zone. The local schools boast impressive decile ratings, ensuring a quality education for your little ones. This property is not just a house; it's a foundation for a thriving family life.

Updated on October 02, 2024