17 Lancaster Crescent, Tokoroa, South Waikato

Nestled in the tranquility of 17 Lancaster Crescent, a freehold property in Tokoroa, South Waikato, this 1976-built home offers a perfect blend of modern comfort and family living. With 3 bedrooms, 1 bathroom, and a single carpark, the 103sqm floor area is complemented by an 811sqm level land. The exterior boasts wood walls and an iron roof, both in average condition. Since 2018, the capital value has remained stable at $345,000, with a 0.0% increase, reflecting a solid investment. The property's latest sale history includes transactions in 2019 for $290,000 and in 2015 for $136,000, showcasing a steady growth trajectory. HouGarden AVM estimates the property's value at $320,000, making it an attractive opportunity for investors or first-home buyers.

From a financial perspective, the property is currently tenanted, with the tenants expressing a desire to stay, paying $450 per week. The modern kitchen with under bench oven, hob, and rangehood, along with ample storage, adds convenience to the living space. The bathroom features a separate shower and bath, with a separate toilet, enhancing privacy. The expansive deck accessible through French doors from the dining room is ideal for entertainment. Additionally, a single garage and a concrete pad for parking a motorhome are included, along with a fully fenced backyard, gas water, and a heat pump for comfort.

For families with children, the property falls within a desirable school zone. With excellent decile ratings, the nearby schools ensure top-notch education for your little ones. This property is not just a house; it's a foundation for a thriving family life.

Updated on May 20, 2024