17 Kereru Street, Tokoroa, South Waikato

Nestled in the tranquility of 17 Kereru Street, a charming freehold property in Tokoroa, South Waikato, this 1972-built, three-bedroom, one-bathroom residence is a gem for first home buyers, downsizers, and investors alike. Constructed with a robust wood exterior and iron roof, the dwelling sits on an easy-to-moderate rise contour with a floor area of 82 square meters and a land area of 673 square meters. The property, priced to sell, boasts an average condition for both walls and roof, and includes a single car park and a heat pump for comfort.

With a consistent Capital Value of $355,000 since 2018, the property's HouGarden AVM stands at $347,500, while the latest sale history shows a significant increase from $117,000 in 2007 to $360,000 in 2021. This indicates a stable investment with a potential for growth. The zero CV increase percentage over the past three years underscores the property's affordability.

For families with children, the property falls within the Tainui Full Primary School zone, a decile 2 institution that provides a solid educational foundation. The combination of a desirable location, a well-maintained home, and a promising investment outlook makes this property an attractive option in the current market.

Updated on August 23, 2024