94 Paraonui Road, Tokoroa, South Waikato

Nestled on a quiet cul-de-sac at 94 Paraonui Road, Tokoroa, South Waikato, this 1970-built, freehold property presents a versatile opportunity. The 4-bedroom, 2-car park home boasts an average-condition mixed-material exterior and iron roof, sitting on an easy-to-moderate rise contour with a floor area of 102sqm and a generous land area of 809sqm. With a government capital value of $450,000, unchanged since 2018, and a HouGarden AVM of $417,500, this residence has a CV increase of 0.0%. Notably, the property sold for $169,000 in 2007 and $150,000 in 2006, indicating a promising investment track record.

For families, the property falls within the decile 3 Tokoroa North School zone, a contributing school conveniently located nearby. The home's open plan living area ensures visibility and comfort for parents, while the outdoor flow to the rear deck simplifies entertainment. Upgrades to the bathroom have been made, and the kitchen awaits similar attention. With new carpet, vinyl, and paint, this home could be transformed into something truly amazing.

With an affordable price tag and a prime Northside location, this property offers a chance to enter a desirable school zone and benefit from the potential for value enhancement.

Updated on June 24, 2024