1595 Waingaro Road, Glen Massey, Waikato

Located at 1595 Waingaro Road, Glen Massey, Waikato, this lifestyle-improved property offers a unique opportunity for those interested in a grazing block with a bit of character. The property features a 3-bedroom, 1-bathroom home with a floor area of approximately 100m2, situated on a level contour of over 12 hectares of fertile Waikato land. The house, built in 1988 with mixed materials for both the roof and walls, is in average condition. Despite the unconsented building work reported, this property, with its freehold ownership type, presents a great buying opportunity. It includes a new heat pump, hot water cylinder, dishwasher, and a large pantry. Water supply is secured with two 25,000-litre tanks for rainwater and an additional tank for farm use, complemented by spring water from two springs. The property also boasts good stockyards, a loading race, an older barn, and an orchard with a variety of fruits.

The property's capital value has remained at $900,000 since July 2017, with no increase reported as of October 2020. However, it was recently sold for $732,500 in December 2023, following a previous sale at $710,000 in June 2017. The HouGarden AVM estimates the property's value at $852,500, indicating a potential bargain for the right buyer. Notably, the property will be sold plus GST and includes the unauthorised/unconsented work as per the LIM report.

Situated within the Glen Massey Primary School zone, which has a decile rating of 5, this property is ideal for families looking for a full primary education for their children. Its central location is another highlight, being conveniently located near Ngaruawahia, Huntly, and less than half an hour from "The Base" at Te Rapa, and just an hour from Auckland's southern outskirts.

Updated on April 06, 2024.