Nestled on an expansive 18.8 hectares of fully fenced grazing land, this modern family home at 525 Pencarrow Road, Tamahere, Waikato, boasts a floor area of 344 square metres. Constructed in 2000 with brick walls and an iron roof, both in good condition, this freehold property features breathtaking 360-degree views of the countryside. It includes 5 bedrooms, 2 car parks, an inground swimming pool, a tennis court, and large sheds perfect for farming activities, currently housing 70 cattle and 30 sheep. The property has a government valuation (CV) of $2,520,000 since 2017 with no increase, while the HouGarden AVM estimates it at $2,270,000. The latest sale was in 2018 for $2,300,000. It is located in a sought-after area with a high decile school zone, including Hautapu School, Cambridge High School, and Tamahere Model Country School.
With a CV that has remained stable over the years, this property presents a sound investment opportunity. The zero increase in CV contrasts with the prestigious lifestyle it offers, making it an intriguing prospect for potential buyers. The recent sale history and AVM reflect a healthy market interest in the area.
For families with school-aged children, the property falls within the catchment area of some of the best schools in the region. Hautapu School is a full primary with a decile rating of 10, while Cambridge High School and Tamahere Model Country School are both highly rated, with deciles of 9 and 10 respectively. Other nearby schools include Hillcrest High School and Berkley Normal Middle School, rounding out an excellent educational network.
Updated on May 06, 2024
