101 Richmond Avenue, Tokoroa, South Waikato

Nestled in the tranquility of a quiet cul-de-sac at 101 Richmond Avenue, Tokoroa, South Waikato, this 1973-built, freehold property presents an inviting opportunity for first home buyers and investors alike. The 3-bedroom, 1-bathroom residence boasts an average-condition wooden exterior and iron roof, sitting on a levelled 657sqm section with a single carpark. Inside, the recently refreshed interior, new kitchen with dishwasher, and an open-plan dining and living area that extends into a conservatory, offer both comfort and potential for entertainment. The property is kept cozy year-round with a heat pump and woodburner. With a CV of $350,000 as of July 2021, unchanged from 2018, and a HouGarden AVM of $320,000, this home also highlights a recent sale history, with a sale price of $343,500 in June 2021 and $44,000 in July 1996. Its consistent capital value and potential for growth make it an attractive prospect.

From a financial perspective, the property's capital value growth percentage stands at 0.0%, indicating stability in the local market. This is further supported by the latest sale figures, reflecting a consistent investment appeal. The well-maintained grounds, complete with garaging and fruit trees, add to the property's charm and practicality.

For families with children, the property falls within a desirable school zone. With a focus on educational excellence, the local schools have a positive decile rating, ensuring a quality education for young ones. Whether you seek a starter home or a valuable addition to your rental portfolio, this property meets a variety of needs.

Updated on December 03, 2024