Nestled in the serene cul-de-sac of 19 Arthur Street, Tokoroa, South Waikato, this charming residential dwelling on a freehold title offers a promising start for first-time homeowners. Constructed in 1952 with fibrous cement walls and an iron roof, the property presents an average condition both inside and out, with a land area of 827 square meters and a floor area of 94 square meters. The layout includes 3 bedrooms, 1 bathroom, and is equipped with a heat pump for comfort. The property's capital value has remained stable at $390,000 since 2018, with a zero increase percentage. The HouGarden AVM estimates the property's worth at $357,500, while the latest sale in November 2024 was at $298,000.
Despite the property's age, it sits on a section with an easy/moderate rise contour, providing a private and sunny backyard, perfect for relaxation. The steady capital value and the potential for improvement make this property an attractive investment. With no car parks, this home is ideal for those seeking a peaceful environment over a busy street life.
For families with children, the school zone is a significant plus. The local schools boast favorable decile ratings, ensuring quality education for your little ones. This home not only offers a chance to step onto the property ladder but also a chance to join a friendly community with excellent educational opportunities.
Updated on December 11, 2024