1072 Tahuna Road, Waiterimu, Waikato

Nestled on a vast expanse of 107.38 hectares, this agricultural gem is strategically positioned at the junction of Rutherford Road and Tahuna Road in the serene Waiterimu farming district. It boasts an expansive floor area of 230 square meters and is governed by a Freehold title. The property, with its undefined roof and wall construction, presents a versatile canvas for potential development. Historically utilized for a blend of grazing and horticulture, it includes a defunct dairy unit and several outbuildings, complemented by a charming three-bedroom cottage with additional sleepout and detached double garaging.

From a financial perspective, the property's Capital Value has remained stable at $2,850,000 since October 2023, with no significant increase observed. However, the HouGarden AVM estimates a higher value of $2,342,500. The latest sale in June 2024 was concluded at $2,600,000, indicating a competitive market. The CV increase percentage stands at 0.0%, reflecting a consistent property market sentiment.

For families with educational considerations, the property falls within the catchment area of Ohinewai School, a Full Primary with a decile rating of 3. This provides a solid foundation for young learners. The central location, just 10kms from Ohinewai, also ensures convenient access to the Waikato Expressway, linking this rural retreat to the wider region.

Updated on June 26, 2024