397 Grove Road, Te Pahu, Waipa

Located at 397 Grove Road, Te Pahu, Waipa, this lifestyle-improved property boasts a 2-bedroom cottage with a large living area, positioned on an elevated site. The farmlet encompasses 7.7ha of flat to gentle rolling land, including a duck pond with maimai, making it ideal for grazing heifers, rearing calves, or equestrian pursuits. The property features a large double garage with a workshop, yards, and a small load-out race. Constructed in 1930, the cottage has wood walls and an iron roof, both in average condition. It offers a floor area of 120 square meters and sits on a freehold land area of 77,113 square meters. The property is conveniently located for easy commuting to the city, on a primary school bus route close to the village hall, squash courts, and preschool center.

The government's capital value of the property has seen a significant increase, from $970,000 on August 1, 2019, to $1,430,000 on August 1, 2022, marking a 47.42% rise. The HouGarden AVM estimates the property's value at $1,367,500. The latest sale recorded on February 29, 2024, was at $950,000.

In terms of education, the property falls within the zone for Te Awamutu College, a secondary school (Year 9-15) with a decile rating of 5, ensuring a decent educational environment for residents.

Updated on April 05, 2024.