Nestled on a serene and spacious freehold lot at 452 Holland Road, Eureka, Waikato, this Lifestyle - Improved property boasts 5 bedrooms and 4 carparks, with a floor area of 285 square meters and a land area of 35,402 square meters. Constructed in 1970, the home features fibrous cement walls and an iron roof, both in average condition, and is set on a level contour. The property's government valuation (CV) has remained stable at $1,170,000 since 2023, with no increase, yet the HouGarden AVM estimates it at $1,140,000. The last sale was in 1997 for $265,000, highlighting a significant appreciation over the years.
With a CV that has seen no change, this property presents a unique investment opportunity. The recent $43,000 price reduction demonstrates the vendor's motivation to downsize, making it an attractive prospect at the new price of $1,287,000. The property is located in a prime school zone, with the highly sought-after Newstead Model School (decile 10), Puketaha School (decile 7), Marian Catholic School, Hillcrest High School (both decile 7), and Berkley Normal Middle School (decile 8) all within reach.
Whether you envision farming blueberries, grazing livestock, or pursuing other agricultural endeavors, the fertile peat loam soils of 452 Holland Road offer endless possibilities. This is a rare chance to shape a larger lifestyle block into your own vision. The property invites you to explore its potential at an open day or through a private viewing.
Updated on August 26, 2024