905 Kakahu Road, Tapapa, South Waikato

Nestled on a vast expanse of 1,742,375 square meters at 905 Kakahu Road, Tapapa, South Waikato, this pastoral finishing property is a freehold treasure. Constructed in 1950 with wood exterior walls and an iron roof, the building stands with an average condition, both inside and out. The floor area spans 132 square meters, and the property's capital value has seen a rapid increase over the years.

As of July 1, 2021, the government has valued this property at $5,350,000, showing a significant 17.58% increase from the $4,550,000 valuation in July 1, 2018. The HouGarden AVM estimates the property's worth at $5,080,000, closely reflecting the market trend. The latest sale on July 16, 2024, sets the bar even higher at $6,624,500, indicating the property's escalating value and desirability.

For families with children, the school zone is a key highlight. With a decile rating that reflects its educational excellence, the nearby schools are an added bonus to this already attractive property.

Updated on August 21, 2024