Nestled in the tranquility of 34 Tainui Street, Tokoroa, South Waikato, this residential dwelling is a freehold property that boasts a 1971 construction. It features 3 bedrooms, 1 bathroom, and a single carpark, with a floor area of 103 square meters and a land area of 670 square meters. The exterior is clad with Hardi plank, complemented by fibrous cement walls in average condition, and an iron roof that is also in average condition. The property sits on a steep rise, adding to its unique charm. Inside, you'll find spacious open-plan living, a modern kitchen, and the convenience of dual heating, all ticks in the box for a comfortable lifestyle.
With a government valuation (CV) of $385,000 as of July 2021, showing no increase from the previous valuation in 2018, this property presents a stable investment opportunity. The HouGarden AVM estimates the value at $382,500, while the latest sale history shows a significant jump from $115,000 in 2015 to $350,000 in 2024, indicating a potential for growth. This is an affordable treasure that could reward the savvy buyer or investor.
For families with children, the property falls within the Tainui Full Primary School zone, a decile 2 school that provides education for children from years 1 to 8. This home truly checks all the boxes for those seeking something special in their quest for a first home or investment property.
Updated on November 20, 2024