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Sold: $395,000

Sold on 2024 Year 2024 Month 08 Day 27

2/264 Korimako Drive, Te Awamutu, Waipa

500m2

Nestled on a level plot at 264 Korimako Drive, Te Awamutu, Waipa, this residential vacant land boasts a freehold title, offering potential buyers the opportunity for unencumbered ownership. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property's land area spans a generous 500 square meters. The construction details of the walls and roof remain unknown, but the property's contour is flat, potentially simplifying any future building plans.

As per the valuation records, the capital value as of August 2022 stands at $420,000. The HouGarden AVM estimates the property's worth at $402,500, with the latest sale recorded on August 27, 2024, at $395,000. This indicates a stable growth trend in the capital value, making it an attractive investment.

For families with educational considerations, this property falls within the zone for Te Awamutu College, a secondary school catering to Year 9-15 with a decile rating of 5. Additionally, both Te Awamutu Primary School and Te Awamutu Intermediate, also rated at decile 5, are in close proximity, ensuring a comprehensive educational pathway for children.

Updated on October 16, 2024

Council Data

Last update : 2025 02 26
View typeNo appreciable view
ContourLevel
Land area500m²
Title1129484
Type of titleFreehold
Legal descriptionLOT 108 DP 589105, LOT 11 DP 589105
CouncilWaipa
Estate descriptionFSIM,1/1,LOT 11 DEPOSITED PLAN 589105,500m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Awamutu College
2.08 km
Secondary
9-15
Government
Co-Educational
EQI: 476
5
Te Awamutu Primary School
2.27 km
Primary
1-6
Government
Co-Educational
EQI: 466
5
Te Awamutu Intermediate
3.52 km
Secondary
7-8
Government
Co-Educational
EQI: 479
5

Property history

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For developers

Unitary plan:-
Land:500m²
Title:Freehold

Surrounding facilities

Korimako Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
445 Korimako Drive, Te Awamutu
0.12 km
4
2
198m2
Year 2025 Month 02 Day 05
$910,000
Council approved
35 Manaia Road, Te Awamutu
0.30 km
4
2
-m2
Year 2024 Month 11 Day 27
-
Council approved
59 Frontier Road, Te Awamutu
0.23 km
3
1
-m2
Year 2024 Month 11 Day 14
-
Council approved
0.95 km
3
116m2
Year 2024 Month 09 Day 15
$610,000
Council approved
55 Frontier Road, Te Awamutu
0.22 km
3
1
119m2
Year 2024 Month 09 Day 11
$672,000
Council approved

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