Nestled at the top of a quiet cul-de-sac, this 3-bedroom, 1-bathroom home with a single carpark offers an opportunity for both starting families and investors. Constructed in 1970 with brick walls and an iron roof, the property sits on a level contour with an average condition for both the walls and roof. It boasts a floor area of 85 square meters and is under a Cross-Lease ownership. The property has seen a significant increase in Capital Value (CV) from $320,000 in August 2019 to $510,000 in August 2022, marking a growth of 59.375%. The HouGarden AVM estimates the property's worth at $515,000, and the latest sales were recorded at $300,000 in 2019 and $190,000 in 2015. Notably, the house features a new bathroom, a refreshed kitchen, and offers easy maintenance with a sunny yard. It falls within a school zone with Te Awamutu College, Te Awamutu Primary School, and Te Awamutu Intermediate, all rated at a decile of 5.
With instructions to present all offers, this property presents a great starter home with potential for high yield investment. It's a must-see at this price point, offering vacant possession and a property file upon request.
Education-wise, the property is within a highly regarded school network. Te Awamutu College is a Secondary school catering to Years 9-15, while both Te Awamutu Primary School and Te Awamutu Intermediate are contributing schools, each boasting a decile rating of 5.
Updated on October 01, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.37 km | 3 | 147m2 | Year 2025 Month 02 Day 11 | $680,000 | Council approved | ||
 | 0.02 km | 3 | 1 | 94m2 | Year 2024 Month 11 Day 05 | $590,000 | Council approved | |
 | 0.39 km | 4 | 1 | 220m2 | Year 2024 Month 10 Day 22 | - | Council approved | |
0.38 km | 3 | 1 | 100m2 | Year 2024 Month 10 Day 16 | $418,250 | Council approved | ||
 | 0.53 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 20 | - | Council approved |