19 Te Wheoro Crescent, Meremere, Waikato

Located at 19 Te Wheoro Crescent, Meremere, Waikato, this residential dwelling is a testament to solid construction and potential. With 3 bedrooms, a wheelchair-friendly bathroom, and 1 carpark, the property spans a floor area of 103m² on a generous land area of 910m². Ownership is freehold, ensuring full rights to the land and property. The exterior boasts brick walls under a tile roof, both in average condition, dating back to 1950. The property's contour presents an easy to moderate fall, making it adaptable for various landscaping or development projects.

The property has seen a steady increase in capital value, from $325,000 in July 2017 to $375,000 in October 2020, marking a 15.38% growth. The latest HouGarden AVM estimates its value at $367,500. Its sale history highlights its appreciating value, with sales at $260,000 in December 2016 and $330,000 in February 2024. This growth trajectory underscores its potential as a solid investment or a first home with room for enhancement and value addition.

Education is well catered for, with the property falling within the zone for Te Kauwhata College, a secondary school catering to years 7-15 with a decile rating of 4. This location combines the convenience of easy access to the expressway for commutes to Hamilton or Auckland, with the charm of rural village life. Its proximity to a new recreational park across the road adds to its appeal for families or investors looking for a property with potential for long-term rental or development, subject to council approval.