Monument Road, Maramarua, Waikato

Located on Monument Road, Maramarua, Waikato, this commercial property, specifically a liquor outlet, spans an impressive land area of 14,968 square meters with a floor area of 880 square meters. It boasts a freehold ownership type, although details regarding the number of bedrooms, bathrooms, and the construction materials for the walls and roof remain unspecified. The property offers ample parking space, accommodating up to 100 vehicles.

Over the years, the capital value of this property has seen significant growth, from $1,000,000 on July 1, 2017, to $1,640,000 on October 1, 2020, marking a 64% increase. The HouGarden AVM estimates its value at $1,612,500. Notably, the property was last sold on December 8, 2023, for $2,200,000, a substantial increase from its previous sale price of $980,000 on October 31, 2017.

In terms of education, the property falls within the zone for Hauraki Plains College, a secondary school catering to years 9-15 with a decile rating of 5. This location offers potential business owners the advantage of operating within a community that values education.