Nestled in the tranquility of a quiet cul-de-sac at 48 Seddon Street, Waharoa, this freehold commercial property commands attention with its high-profile presence. Constructed in the year 2000 with iron walls and roof, the building stands on a generous land area of 1,148 square meters, boasting an average condition both inside and out. The workshop within offers a spacious floor area of 180 square meters, making it an attractive prospect for sale or lease.
Reflecting a robust growth trajectory, the property's capital value has seen an impressive increase from $225,000 in July 2018 to $425,000 in July 2021, marking a rise of 88.89%. The HouGarden AVM estimates the property's worth at $412,500, while the latest sale history points to a transaction of $550,000 in July 2024, a significant leap from the $19,500 sale in December 1997.
For families considering the property, the school zone is a significant draw. Matamata-Piako offers a range of educational institutions with favorable decile ratings, ensuring a quality education for children in the area.
Updated on August 01, 2024