40 Te Puea Avenue, Meremere, Waikato

Located in the serene surroundings of Meremere, Waikato, the property at 40 Te Puea Avenue offers a unique opportunity for those looking to build their dream home. This residential vacant land spans 830m2, providing ample space for a sizeable home and garden. The property is characterized by its level contour, making it an ideal site for construction. Despite the lack of existing structures, with unknown wall and roof constructions, the potential for this freehold land is immense. The property boasts of power and water supply, with the sewer main running along the back, ready for connection. The highlight of this land is its stunning views of the Waikato river, promising breathtaking sunsets in the comfort of your own home.

The property has seen a stable capital value, maintaining at $160,000 as of October 2020, with no increase from its previous valuation in July 2017. However, its market appeal is evident from the recent sale in January 2024, fetching a price of $240,000, which is significantly higher than the HouGarden AVM estimate of $150,000. This indicates a strong market interest and potential for value appreciation.

For families considering educational facilities, the property falls within the zone of Te Kauwhata College, a secondary school catering to Year 7-15 students, with a decile rating of 4. This location offers a balance of peaceful living while ensuring access to educational opportunities for growing families.

Updated on April 06, 2024.