28 Walnut Place, Tokoroa, South Waikato

Positioned in the serene environment of a quiet cul-de-sac at 28 Walnut Place, Tokoroa, South Waikato, this well-maintained 2-bedroom unit with 1 bathroom and a floor area of 90 square meters is an attractive proposition. The unit, built with mixed materials for the walls and tiles for the roof, is on a level contour and holds a Unit Title. The capital value has remained stable at $315,000 since 2018, showing a 0.0% increase. The property's HouGarden AVM stands at $320,000, while the latest sales were recorded at $340,000 in 2024 and $325,000 in 2021. This home is ready for immediate occupation, boasting a warm and cozy lounge heated by a heat pump, a modern kitchen with quality fittings, and two well-sized bedrooms with built-in wardrobes.

Since approximately 5 years ago, the property has been recarpeted and insulated top to bottom, enhancing comfort and energy efficiency. It features a private courtyard, carport, storage, and garden amenities. The location is convenient, with Tokoroa Hospital nearby and several parks, including Lake Moananui. It's suitable for downsizers, retirees, or investors, with current tenants willing to stay at a rental of $450 per week. This property presents a sound investment opportunity with a stable capital value and rental income.

For families, the school zone is a significant plus. The property falls within a highly regarded decile, ensuring access to quality education. This charming home, with its secure setting and proximity to amenities, is a perfect blend of comfort, convenience, and potential for growth.

Updated on September 11, 2024