Nestled in a serene cul-de-sac at 45 Cramond Street, Tokoroa, South Waikato, this residential dwelling on a freehold title boasts 2 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1950 with wood walls and a fibrous cement roof, the property sits on a levelled 1171m2 land area and offers a floor space of 74m2. The exterior has undergone a recent repaint, exuding a fresh and modern vibe. The living area is heated by a cozy woodburner with wetback, and the property is complemented by a free-standing double garage and a large storage shed, perfect for enthusiasts and storage needs. With a consistent Capital Value of $350,000 since 2018, this property presents a stable investment opportunity.
As per the latest records, the property was sold for $75,000 in 2008 and more recently for $290,000 in 2024, indicating a significant increase in value. The HouGarden AVM estimates the property's worth at $352,500, hinting at further potential for growth. This is a home that invites investors, first-time buyers, and developers to seize a golden opportunity in a centrally located and developing area.
For families with children, the school zone is a significant draw. The local schools boast impressive decile ratings, ensuring quality education is within easy reach. Whether you seek investment, renovation, or a comfortable family life, 45 Cramond Street is a property brimming with potential and waiting to be discovered.
Updated on September 18, 2024