Nestled at 22 Chartwell Drive, Tokoroa, South Waikato, this charming residential dwelling boasts a freehold title on a 670m2 section with an easy/moderate rise contour. Constructed in 1974 with fibrous cement walls and an iron roof, both in good condition, the property features 3 bedrooms, a well-appointed bathroom with modern amenities, and a single carpark. The interior is graced with a spacious lounge, a conservatory, an open-plan kitchen with underfloor heating, and a sunny dining area. Each bedroom comes with built-in wardrobes, and the home is kept comfortable year-round by a heat pump and a DVS ventilation system with in-line heating. The property has seen a consistent Capital Value (CV) of $430,000 since 2018, with a recent HouGarden AVM of $412,500. Notably, the latest sales were recorded at $490,000 in 2024 and $500,000 in 2022, indicating a potential growth opportunity. This family-friendly home is situated in a quiet cul-de-sac, within a school zone that promises quality education.
With a CV that has held steady over the years, and a notable sales history suggesting a positive trend, this property presents a sound investment. The zero CV increase percentage belies the actual market activity, which reflects a higher demand for this well-maintained and updated home.
For families with educational priorities, this property falls within a highly rated school zone. The local schools are known for their high decile scores and provide an excellent educational foundation for children.
Updated on April 18, 2024