Nestled in the esteemed Benalder Crescent of Tokoroa, South Waikato, this freehold property boasts a spacious interior and a generous land area. Constructed in 1976 with brick walls and an iron roof, it offers 4 bedrooms, 2 carparks, and a floor area of 290 square meters on a level plot of 1828 square meters. The low-maintenance brick exterior complements the huge separate living space downstairs with its own bathroom, perfect for extended family or teenagers. Upstairs, a large open plan living area with formal lounge and family zones, along with a combined kitchen and dining, provide ample space for gatherings. The property has seen no change in its Capital Value since 2018, remaining at $580,000, while the HouGarden AVM estimates it at $572,500. This executive location offers a rare opportunity with huge subdividable potential, two separate access ways, and views of the rural and park areas.
Since 2018, the property's Capital Value has remained stable, yet it presents a promising investment with a 0.0% increase. The HouGarden AVM reflects a slightly lower valuation, which could indicate potential growth. The recent sales history and the property's unique features suggest it will be a sought-after gem in the real estate market.
For families with children, the property falls within a desirable school zone. With excellent educational facilities and a high decile rating, the local schools are a significant draw for families. This executive property not only promises comfort and convenience but also a quality education for your children.
Updated on November 14, 2024