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709 State Highway 1 Koromiko, 7273


709 State Highway 1 , Koromiko, 7273
bed14
bathroom14
car14
land5006 m2
floor725 m2
Property Type
Lifestyle
Year Built
1990
Last Sold on 18 Dec 2015 for $1,000,000
Settlement Date
12 Feb 2016
Sold By
First National
Settlement Date
12 Feb 2016
Sold By
First National

Estimated Value Range  

Medium Confidence
  

Low
High
confidence marker image
$2.00M
$2.20M

About Koromiko Motels, 709 State Highway 1, Koromiko, Blenheim, 7273

Koromiko Motels, 709 State Highway 1, Koromiko, Blenheim, 7273 is a Lifestyle property built in 1990 with 14 bedrooms, 14 bathrooms and 14 parking spaces. The property is estimated to be valued in the range of $2,000,000 to $2,200,000.

The property last sold for $1,000,000 on 18 December 2015. It was sold by First National, and took 288 days to sell. On 1 July 2023, Koromiko Motels, 709 State Highway 1, Koromiko, Blenheim, 7273 had a Rating Valuation with a Capital Value of $1,780,000, Land Value of $530,000 and Improvement Value of $1,250,000.

Property History

DateTypePriceAgent/Agency
18 Dec 2015SOLD$1,000,000Logan McCosh of First National
6 Mar 2015ENQUIRIES OVER$1,250,000Logan McCosh of First National
12 Apr 2014ASKING PRICE$1,450,000Brenda Davey of Picton Property Centre Ltd
23 Aug 2007SOLD$970,000
29 Jun 2004SOLD$427,000
18 Jul 2001SOLD$305,000
24 Jul 1998SOLD$330,000
Present Day
18 Dec
2015
Sold for $1,000,000
9 years 9 days
Sold by Logan McCosh of First National
6 Mar
2015
Enquiries Over — $1,250,000
Listed by Logan McCosh of First National
12 Apr
2014
Asking Price — $1,450,000
Listed by Brenda Davey of Picton Property Centre Ltd
23 Aug
2007
Sold for $970,000
17 years 4 months 4 days
29 Jun
2004
Sold for $427,000
20 years 5 months 28 days
18 Jul
2001
Sold for $305,000
23 years 5 months 9 days
24 Jul
1998
Sold for $330,000
26 years 5 months 3 days
1990
Property Built

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Rating Valuation

Capital Value
$1,780,000
Land Value
$530,000
Improvement Value
$1,250,000
Legal Description(s)

Lot 2 Deposited Plan 430671

Valuation Date
01-07-2023
Valuation Reference
20251/28503

Additional Information

Roof Construction
Steel/G-Iron
Zone
Rural Industry Zone A, 1A
Units of Use
13
Wall Construction
Concrete
Maori Land
No
Territorial Authority
Marlborough District
Land Use
Single Unit - Lifestyle

Suburb Insights

Comparable Properties

There are no similar properties in the area that are listed for sale or recently sold.