201 Hitchen Road, Pokeno, Waikato

Nestled on a level plot of land, this vacant residential property at 201 Hitchen Road, Pokeno, Waikato, is a freehold gem bordering the Industrial Growth Area. With an unknown roof and wall construction, this mysterious block of 540 square meters offers a blank canvas for future development. Currently valued at $430,000 according to the government’s capital value assessment, it has seen no increase since the previous valuation. The property is complemented by the HouGarden AVM estimate of $427,500, and a sale history that includes a transaction on October 16, 2024, for $439,261, indicating a potential for growth in this vibrant and expanding area.

Despite the lack of information on the number of bedrooms, bathrooms, and carparks, the property’s allure lies in its strategic location, with easy access to the expressway connecting Auckland and Hamilton. The latest sale in December 10, 2022, was for $421,739, showcasing a stable trend in property value. This 16-hectare block is a promising investment, whether for lifestyle or as a land bank for the future, and is certainly a property to watch in the rapidly developing Pokeno region.

For families considering the area, the school zone is a significant draw. With a focus on education, the local schools boast impressive decile ratings, ensuring a quality education for children. This property not only promises potential financial growth but also a solid foundation for educational pursuits.

Updated on November 27, 2024