Nestled in the tranquility of a quiet cul-de-sac at 106d Papanui Street, Tokoroa, this delightful residential unit boasts a charming brick exterior and an iron roof, constructed in the 1960s. It offers 2 bedrooms, a well-appointed bathroom, and a cozy sunroom, perfect for a variety of buyers. The 70 square meter floor area is complemented by an open-plan kitchen and dining, a separate laundry, and the comfort of a heat pump. This cross-lease property has seen a consistent Capital Value (CV) of $290,000 since 2018, with a HouGarden AVM of $270,000. The property's latest sale history includes transactions in 2015 and 2003, reflecting a significant increase in value.
Despite a CV increase of 0.0% over the past three years, the property presents a solid investment with potential for growth. The fully fenced backyard and a garden shed add to the appeal, while the inclusion of appliances in the sale provides added convenience. The property's location within a desirable school zone adds to its allure, ensuring educational excellence for families.
With a range of well-regarded schools in the area, including those with impressive decile ratings, this property is not just a home but a smart investment in education and real estate. It's an opportunity not to be missed, offering a comfortable lifestyle in a prime location.
Updated on July 01, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 7 | 3 | 300m2 | 2024 02 23 | $900,000 | Council approved | |
0.14 km | 3 | 1 | 74m2 | 2024 02 23 | $380,000 | Council approved | ||
 | 0.19 km | 3 | 1 | 88m2 | 2024 02 16 | $345,000 | Council approved | |
 | 0.04 km | 3 | 1 | 130m2 | 2024 02 07 | $430,000 | Council approved | |
0.09 km | 7 | 300m2 | 2024 02 02 | $900,000 | Council approved |