Nestled on a level plot at Old Taupo Road, Tokoroa, South Waikato, this lifestyle property boasts a spacious land area of 3,492 square meters. It is offered with the security of freehold title, allowing for long-term investment and development potential. While the details of the building such as the number of bedrooms and bathrooms are not specified, the property presents a blank canvas for the aspiring homeowner. The construction materials for both the walls and roof are not documented, but the property's contour is flat, indicating a solid foundation for future construction. Currently, the property is valued at $320,000 according to the government's capital value assessment as of July 1, 2021, with a HouGarden AVM estimate of $315,000. The latest sale record shows a transaction on July 25, 2024, at $290,000.
Reflecting on the property's financial growth, the capital value has seen a steady increase over the years, demonstrating promising investment returns. The most recent sale price indicates a competitive market value for similar properties in the area.
For families with educational considerations, this property falls within a desirable school zone with reputable institutions, ensuring access to quality education.
Updated on August 14, 2024