Kihini
Nestled on a level 970m2 section at 115 Bridge Street, Tokoroa, this 3-bedroom, 1-bathroom residential dwelling is a charming Freehold property. Constructed in 1950, it features wood exterior walls, an Aluminium roof, and an attached carport. The capital value has remained stable at $305,000 since 2018, with no increase. The property boasts an updated kitchen with modern amenities, a heat pump in the open-plan lounge, and a sizeable garden shed. It's a potential investment opportunity, requiring some renovations to meet healthy home standards. The HouGarden AVM estimates the property's value at $300,000, while the latest sales were recorded at $70,000 in 2009 and $54,000 in 2005.
Despite being in a flood zone, the property has subdividable potential, subject to council regulations. It's a classic first home or investment chance that speaks for itself.
With regards to the school zone, the property falls within a district with a range of educational facilities, ensuring access to quality schooling.
Updated on July 23, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.33 km | 3 | 1 | 76m2 | 2024 12 27 | $320,000 | Council approved | |
 | 0.47 km | 3 | 1 | 74m2 | 2024 12 04 | - | Council approved | |
 | 0.44 km | 3 | 1 | 94m2 | 2024 11 01 | $298,000 | Council approved | |
 | 0.49 km | 4 | 2 | 160m2 | 2024 10 10 | - | Council approved | |
 | 0.07 km | 7 | 4 | 250m2 | 2024 09 06 | - | Council approved |