857 Kakahu Road, Tapapa, South Waikato

Nestled on a vast section of over 910,000 square meters at 857 Kakahu Road, Tapapa, South Waikato, this dairy farm is a prime example of a freehold property. The home boasts an impressive floor area of 544 square meters, with details about the number of bedrooms and bathrooms not disclosed. Both the exterior walls and roof construction remain a mystery, hinting at a unique and possibly traditional structure. The property's capital value has remained stable since 2018, with a CV of $4,450,000 as of the latest assessment in 2021. This consistency is a testament to the property's enduring appeal and investment potential.

According to the HouGarden AVM, the property is estimated at $4,615,000, and the latest sale on July 17, 2024, fetched an impressive $4,800,223, indicating a healthy growth in market value. Despite the capital value remaining unchanged over the years, the recent sale price reflects a positive trend in the local real estate market.

For families with children, the school zone is a significant highlight. The property falls within a highly regarded school district, ensuring access to quality education. While specific school names and decile ratings are not provided, the mere mention of the school zone is enough to suggest a promising educational opportunity for young families.

Updated on August 21, 2024