Nestled in the tranquility of a quiet cul-de-sac at 2/101 Douglas Avenue, Te Awamutu, Waipa, this 1975-built residential unit boasts a charming layout with 3 bedrooms, a well-appointed bathroom, and a carpark. The property, with a floor area of 154 square meters, features a brick exterior and a tiled roof, both in average condition, and is set on a contour that offers an easy to moderate fall. It is owned under a Cross-Lease title, inviting a sense of community living. The capital value has seen a rapid increase from $480,000 in 2019 to the current $710,000, reflecting a growth of 47.92%. The HouGarden AVM estimates the property's worth at $660,000, making it an attractive investment.
With a recent valuation history that speaks of a thriving market and a capital value growth that outpaces the norm, this property presents a secure investment with a promising future. The sold history and AVM reflect a strong interest in the area, which is further enhanced by the property's low maintenance appeal and the serene views it offers.
For families with school-aged children, the property falls within the zone of Te Awamutu College, Te Awamutu Primary School, and Te Awamutu Intermediate, all rated a decile 5. The location ensures access to quality education, making it an ideal choice for those seeking a balanced lifestyle with convenience and educational excellence.
Updated on May 17, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.31 km | 3 | 2 | -m2 | Year 2024 Month 11 Day 26 | - | Council approved | |
 | 0.51 km | 2 | 1 | 100m2 | Year 2024 Month 11 Day 15 | - | Council approved | |
 | 0.19 km | 6 | 2 | 330m2 | Year 2024 Month 11 Day 13 | - | Council approved | |
 | 0.33 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 03 | - | Council approved | |
 | 0.41 km | 4 | 1 | -m2 | Year 2024 Month 09 Day 13 | - | Council approved |