11 Mayfair Place, Tokoroa, South Waikato

Nestled in the prestigious Mayfair Place of Tokoroa, South Waikato, this charming two-bedroom residence boasts a freehold title and a spacious floor area of 140 square meters. Constructed in 1970 with stone walls and tiled roofing, the property is in good condition both inside and out. It sits on a gently rising contour with a land area of 569 square meters, offering an easy and private indoor-outdoor flow, complemented by a heat pump and HRV system for comfort. The large lounge opens to a patio, and the kitchen is equipped with modern amenities. The property includes a single carpark with internal access garaging and an automatic door. Notably, the capital value has remained stable at $565,000 since 2018, while the HouGarden AVM estimates it at $537,500. The latest sales history shows a significant increase from $175,000 in 2005 to $208,000 in 2015.

As for the government valuations, there has been no increase in the capital value over the past three years. However, the property's appeal is enhanced by its location within the decile 3 Tokoroa North School zone, making it an attractive option for families.

With attention to detail and quality finishings, this home represents an opportunity to live in a sought-after area with excellent school networks.

Updated on April 23, 2024