Nestled in the heart of Te Awamutu, at 1/1151 Bank Street, this residential dwelling is a gem on a level contour, built in the1970s with solid brick walls and a tiled roof. It boasts a cross-lease ownership, a single carpark, and a floor area of 108 square meters. The unit has undergone a complete upgrade, offering two double bedrooms, a functional kitchen, a sunny conservatory, and additional features like a heat pump and ample storage options.
With a Capital Value (CV) of $580,000 as of August 2022, this property has seen a growth of 54.67% from its 2019 CV of $375,000. The HouGarden AVM estimates it at $552,500, while the latest sales were recorded at $262,750 in 2020 and $219,000 in 2014. This unit presents an attractive opportunity for investors looking to strengthen their portfolios.
For families, the property falls within the zone of Te Awamutu College (Secondary, Decile 5), Te Awamutu Primary School (Contributing, Decile 5), and Te Awamutu Intermediate (Decile 5), ensuring quality education for all ages.
Updated on October 08, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.04 km | 3 | 1 | 90m2 | Year 2024 Month 11 Day 20 | - | Council approved | |
 | 0.13 km | 110m2 | Year 2024 Month 09 Day 17 | $525,000 | Council approved | |||
 | 0.09 km | 3 | 128m2 | Year 2024 Month 08 Day 09 | $710,000 | Council approved | ||
 | 0.13 km | 2 | 1 | 100m2 | Year 2024 Month 07 Day 12 | $500,000 | Council approved | |
 | 0.06 km | 3 | 2 | 140m2 | Year 2024 Month 07 Day 11 | $637,000 | Council approved |