Located on Whaanga Road in the picturesque Raglan, Waikato, this lifestyle vacant property presents a unique opportunity. With a substantial land area of 4560 square meters, it offers ample space for potential development. The property is characterized by its freehold ownership type, ensuring complete control over the land. However, details regarding the number of bedrooms, bathrooms, and car parks are not specified, as well as the floor area, which is listed as 0. The construction details of the roof and walls remain unknown, and the property's contour is described as level, indicating a flat terrain that could be easier to develop.
The capital value (CV) of the property has remained steady at $905,500 since July 2017, with no increase observed by October 2020. This stability in CV suggests a consistent market perception of the property's value over time. Despite this, the HouGarden AVM estimates the property's value slightly lower at $892,500. The most recent sale on January 11, 2024, was recorded at $390,000, which indicates a significant transaction in the property's history, albeit at a value considerably lower than the assessed capital values.
In terms of education, the property falls within the zone for Raglan Area School Y9-13, a composite school with a decile rating of 4. This rating provides an insight into the socio-economic status of the community surrounding the school, which could be an important consideration for families looking into this property.