109 Fraser Street, Te Awamutu, Waipa

Nestled on the esteemed Fraser Street, this charming residence boasts 3 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1930 with roughcast walls in good condition and an iron roof in average condition, this cross-lease property is a perfect blend of vintage craftsmanship and modern refurbishments. The 100sqm floor area is complemented by an easy/moderate fall contour, ensuring privacy and security. With a CV of $660,000 as of August 2022, it has seen a 50% increase since 2019, reflecting its rising value. The property's HouGarden AVM stands at $655,000, with the latest sale recorded at $605,000 in 2024, a significant jump from the 2014 sale of $282,500.

As for the government valuations, the property has shown a steady growth trajectory. The recent capital value increase is a testament to its investment potential. The low-maintenance, tastefully landscaped outdoor area adds to the appeal, offering a seamless indoor-outdoor living experience perfect for entertainment.

Education is a key highlight, with the property being zoned for Te Awamutu College (Secondary, Decile 5), Te Awamutu Primary School (Contributing, Decile 5), and Te Awamutu Intermediate (Decile 5), ensuring quality education options for the family.

Updated on November 20, 2024