52 Main Road, Raglan, Waikato

Nestled on 835 square meters of freehold land at 52 Main Road, Raglan, Waikato, this unique property presents a dual opportunity with two homes on one title. Constructed in 1973 with iron walls and roof, the property enjoys a good wall condition and an average roof condition, suitable for extended families or savvy investors. Home One boasts four bedrooms and one bathroom, while Home Two features two bedrooms and one bathroom, catering to various living arrangements. The capital value remains stable at $930,000 since 2023, with a zero increase percentage, and the HouGarden AVM estimates it at $892,500. Historically, the latest sale was in 2002 for $48,000. Located in a cul-de-sac, it's minutes from town and beaches, and within the Raglan Area School zone for years 9-13, a composite school with a decile rating of 4.

For those seeking a sound investment, this property offers the potential for dual income or living in one while renting the other. It's a perfect fit for DIY enthusiasts, renovators, or light developers looking to capitalize on a property with a steep rise contour, providing both privacy and a picturesque backdrop.

Educationally, the property falls within a reputable school zone, ensuring quality education for the family. This is a rare find that combines the convenience of a central location with the potential for a smart investment.

Updated on October 10, 2024