21 Croad Place, Tokoroa, South Waikato

Nestled at 21 Croad Place, Tokoroa, in the serene South Waikato, this industrial property with light manufacturing potential is a freehold treasure. It boasts an impressive floor area of 1015 square meters, with a vast land size of 6656 square meters. The exterior walls, constructed of concrete, and the iron roof are both in average condition. It offers ample parking space with 10 carparks available. This property is not just a space; it's a potential investment goldmine.

According to the latest records, the capital value has remained stable since 2018 at $890,000. However, the HouGarden AVM estimates it at $867,500. The property's latest sale history is notable, with a sale in 2024 for $950,000, a significant jump from the previous sale in 2012 for $595,000, indicating a promising growth trend.

For families considering the property, the school zone is a significant plus. With a decile rating that reflects a high standard of education, the nearby schools are an attraction for those seeking quality education for their children.

Updated on August 21, 2024