5 Liberton Place, Tokoroa, South Waikato

Nestled in the tranquility of a quiet cul-de-sac at 5 Liberton Place, Tokoroa, South Waikato, this charming freehold property built in 1950 boasts a level contour and average-to-fair condition exterior with wooden walls and an iron roof. The residence, spanning an area of 82 square meters, features 3 bedrooms, 1 bathroom, and a single carpark. With a consistent Capital Value (CV) of $300,000 since 2018, this home presents a stable investment opportunity with a 0.0% CV increase. The property is perfect for families, offering a spacious 999 sqm section with potential for subdivision, an open-plan kitchen and dining area, a separate lounge with a heat pump, and a functional bathroom alongside a separate laundry room. The urban views and proximity to town make it an ideal blend of convenience and privacy. The HouGarden AVM estimates the property's value at $300,000, aligning with the government's valuation.

Recent market activity suggests a stable growth trajectory, with the property's last sale price reflecting its consistent value. The current rental appraisal estimates an income potential of between $460.00 to $490.00 per week, making it an attractive prospect for investors. This property is a gem that won't remain on the market for long.

For families with children, the school zone is a significant plus. The local schools boast favorable decile ratings, ensuring quality education for your little ones.

Updated on November 21, 2024