Nestled on a sprawling 4291sqm of land, this charming 2-bedroom cottage at 163 Kakepuku Road, Te Awamutu, Waipa, offers a delightful blend of country living with modern comforts. Constructed in 1950 with wood walls and an iron roof, both in good condition, this freehold property has seen a significant capital value increase of 42.31% from $520,000 in 2019 to the current $740,000 as of August 2022. The property features a well-renovated bathroom, a spacious deck for outdoor relaxation, a concrete driveway, and a separate double garage with power for ample storage. It also boasts 3 fenced paddocks and developing fruit trees, perfect for pets and a sustainable lifestyle. The property is served by the Pokuru School (Decile 6), Te Awamutu College (Decile 5), and Te Awamutu Intermediate, and is just 11km from Te Awamutu with proximity to Mt Kakepuku's bush walks and bike tracks. The HouGarden AVM estimates the property's value at $745,000, closely matching the latest sale price of $740,000 in 2024, a testament to the property's consistent growth since its previous sale in 2015 for $315,000.
With such a picturesque setting and a promising investment outlook, this cottage invites you to embrace the tranquility of a country life while reaping the benefits of the vendors' hard work.
Educationally, the property falls within a desirable school zone, with the Pokuru School being a contributing primary and the Te Awamutu institutions offering secondary and intermediate education, all within a decile range of 5 to 6.
Updated on September 18, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 3.89 km | 4 | 3 | 160m2 | Year 2024 Month 09 Day 09 | - | Council approved | |
3.77 km | 3 | 170m2 | Year 2024 Month 08 Day 20 | $1,400,000 | Council approved | |||
 | 2.29 km | 3 | 199m2 | Year 2024 Month 07 Day 29 | $1,020,000 | Council approved | ||
 | 0.65 km | 4 | 280m2 | Year 2024 Month 07 Day 21 | $1,200,000 | Council approved | ||
 | 5.08 km | -m2 | Year 2024 Month 07 Day 15 | - | Council approved |