1418 State Highway 5, Tapapa, South Waikato

Nestled in the serene landscapes of Tapapa, South Waikato, the property at 1418 State Highway 5 is a testament to tranquil living. This lifestyle-improved property, set on a sprawling 24,785 square meters of land, boasts a floor area of 154 square meters. The residence, constructed in 1960, features four bedrooms and is characterized by mixed materials for its walls and an iron roof, both in average condition. The property, which enjoys a level contour, is held under a freehold ownership type, ensuring complete autonomy for its owners.

Over the years, the property has seen a significant appreciation in value. From a capital value of $625,000 on July 1, 2018, it surged to $850,000 by July 1, 2021, marking a 36% increase. This growth trajectory is further underscored by the HouGarden AVM, which estimates the property's worth at $835,000. The latest sale, recorded on January 30, 2024, saw the property fetching a remarkable $1,050,000, highlighting its desirability and the robustness of the local real estate market.

While specific school zone information is not provided, the property's location in South Waikato suggests access to a range of educational institutions, potentially offering families a variety of schooling options. The area's natural beauty, combined with the property's substantial land area and the recent uptick in its value, makes it an attractive proposition for those seeking a lifestyle change or investment opportunity.