7 Philip Street, Tokoroa, South Waikato

Welcome to 7 Philip Street, a residential dwelling set in the tranquility of a quiet cul-de-sac in Tokoroa, South Waikato. This freehold property, built in 1960 with wood exterior walls and an iron roof, offers 3 bedrooms, a spacious floor area of 120 sqm, and a single car park. The property sits on a level 827 sqm section, partially fenced, and boasts an open-plan kitchen, a combined lounge and dining area with a cozy fireplace, and well-sized bedrooms with built-in wardrobes.

From a financial perspective, the property has a government valuation of $390,000 as of July 2021, showing no increase over the past three years. However, the HouGarden AVM estimates a value of $362,500, and with the latest sale in 2003 at just $21,500, there's a clear potential for capital value growth. This is an ideal investment for those seeking a property with untapped value.

For families, the property falls within the zone of Tokoroa North School, a contributing school with a decile rating of 3. Close to shops and schools, this home offers convenience and community. With an updated electric hot water cylinder and underfloor insulation, it's a perfect opportunity for those looking to embark on a DIY project and make it their own. Priced at $299,000, this property is a gem waiting to be polished in the heart of Tokoroa.

Updated on May 08, 2024