Nestled in a serene cul-de-sac at 1/794 Kihikihi Road, Te Awamutu, Waipa, this residential dwelling is a stand-alone 2 bedroom townhouse. Constructed in 1988 with wood exterior walls and tiled roofing, the property boasts good wall and roof conditions. It features a conservatory, internal access to a single garage, and off-street parking. The 110 square meter floor area is complemented by a brand new kitchen, fresh paint, new carpet, and vinyl flooring, making it an ideal move-in ready opportunity. It sits on a cross-lease title and has a capital value (CV) of $425,000 as of 2019, which has seen a 50.59% increase to $640,000 by 2022. The HouGarden AVM estimates the property at $622,500, while the latest sales were recorded at $470,000 in 2024 and $407,000 in 2020.
With a CV increase indicating a rapid capital growth, this property is not only a sound investment but also falls within a desirable school zone. Te Awamutu College, a secondary school with a decile rating of 5, is in close proximity. Additionally, Te Awamutu Primary School, Pekerau School, and Te Awamutu Intermediate, all with contributing or intermediate school types and decile ratings of 4 or 5, offer a range of educational options.
Located in a prime educational district, this property presents a golden opportunity for families seeking quality education for their children, coupled with the comfort of a well-maintained home.
Updated on August 14, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 02 | - | Council approved | |
0.99 km | 4 | 200m2 | Year 2024 Month 10 Day 25 | $850,000 | Council approved | |||
 | 0.29 km | 4 | 2 | 180m2 | Year 2024 Month 09 Day 06 | - | Council approved | |
 | 0.07 km | 4 | 1 | 130m2 | Year 2024 Month 08 Day 27 | - | Council approved | |
 | 0.77 km | 3 | 1 | 95m2 | Year 2024 Month 08 Day 16 | - | Council approved |