4 Bankart Street, Raglan, Waikato

Nestled at the heart of Raglan township, 4 Bankart Street presents a versatile property on an 806m2 freehold section. This 200m2 home, built in 1967 with brick walls and an iron roof, showcases a charming street presence. It features 5 bedrooms, with 3 opening to the front patio on the upper level, alongside 2 bathrooms, an open-plan kitchen and dining, and a separate lounge. The lower level is a self-contained one-bedroom apartment with modern amenities. The property is compliant with Healthy Home standards and offers ample off-street parking. It has a current CV of $1,200,000, same as the previous year with no increase. The HouGarden AVM estimates it at $912,500. Notably, the property has a history of profitable rental returns and potential for more. It's zoned for Raglan Area School (Y9-13), a composite school with a decile rating of 4. The latest sales were in 2019 for $840,000 and in 2016 for $737,000. This is not just a home but a business and income opportunity in a prime location.

With a CV that has remained stable over the past year, this property's value is further supported by the HouGarden AVM. The recent sales history demonstrates a growth trajectory, making it an attractive investment. Whether for living, additional income, or running a business, the options are vast in this property located conveniently near the 4 Square supermarket and a short walk from the main street's amenities.

For families, the property falls within the Raglan Area School zone, known for its decile rating of 4. The school offers education from year 9 to 13 and is a composite type, catering to a diverse range of learners. This property is not just a home; it's an opportunity in a sought-after school zone.

Updated on June 21, 2024