106d Papanui Street, Tokoroa, South Waikato

Nestled in the tranquility of a quiet cul-de-sac at 106d Papanui Street, Tokoroa, this delightful residential unit boasts a charming brick exterior and an iron roof, constructed in the 1960s. It offers 2 bedrooms, a well-appointed bathroom, and a cozy sunroom, perfect for a variety of buyers. The 70 square meter floor area is complemented by an open-plan kitchen and dining, a separate laundry, and the comfort of a heat pump. This cross-lease property has seen a consistent Capital Value (CV) of $290,000 since 2018, with a HouGarden AVM of $270,000. The property's latest sale history includes transactions in 2015 and 2003, reflecting a significant increase in value.

Despite a CV increase of 0.0% over the past three years, the property presents a solid investment with potential for growth. The fully fenced backyard and a garden shed add to the appeal, while the inclusion of appliances in the sale provides added convenience. The property's location within a desirable school zone adds to its allure, ensuring educational excellence for families.

With a range of well-regarded schools in the area, including those with impressive decile ratings, this property is not just a home but a smart investment in education and real estate. It's an opportunity not to be missed, offering a comfortable lifestyle in a prime location.

Updated on July 01, 2024