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2/653 Bank Street, Te Awamutu, Waipa, 3 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 11 Day 26

2/653 Bank Street, Te Awamutu, Waipa

3
155m2
406m2

Centrally located in the heart of Te Awamutu, this low-maintenance, freehold property is a gem, built in 2017 with brick walls and an iron roof. It boasts three spacious bedrooms, a floor area of 155sqm, and a land area of 406sqm, complete with two carparks. The property presents a capital value increase of 43.10% from $580,000 in 2019 to the current CV of $830,000. The HouGarden AVM estimates the property at $825,000, while the latest sale was recorded in 2016 for $200,000. The residence is in a level contour, with good wall and roof conditions, making it an ideal choice for comfortable modern living.

With a CV growth rate that outpaces the market average, this property is not just a home but also a sound investment. The recent valuation surge is a testament to its appeal and potential.

For families with school-aged children, the property falls within the zones of Te Awamutu College (Secondary, Decile 5), Te Awamutu Primary School (Contributing, Decile 5), and Te Awamutu Intermediate (Decile 5), ensuring access to quality education.

Updated on November 26, 2024

Council Data

Last update : 2024 12 11
Improvement value$520,000Increased by 50% from year 2019
Land value$310,000Increased by 31% from year 2019
CV(Year 2022 Month 08)$830,000Increased by 43% from year 2019
View typeNo appreciable view
ContourLevel
Land area406m²
Floor area155m²
Decade of construction2017
Title789301
Type of titleFreehold
Legal descriptionLOT 2 DP 512480
CouncilWaipa
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 512480,406m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

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

Property history

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For developers

Unitary plan:-
Land:406m²
Title:Freehold

Surrounding facilities

Bank Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
216 Brady Street, Te Awamutu
0.15 km
3
1
133m2
Year 2024 Month 11 Day 27
-
Council approved
2/105 Douglas Avenue, Te Awamutu
0.31 km
2
1
100m2
Year 2024 Month 11 Day 15
-
Council approved
109 Fraser Street, Te Awamutu
0.27 km
3
1
100m2
Year 2024 Month 10 Day 16
$605,000
Council approved
936 Bank Street, Te Awamutu
0.28 km
3
1
-m2
Year 2024 Month 10 Day 03
-
Council approved
312 Roche Street, Te Awamutu
0.20 km
3
140m2
Year 2024 Month 07 Day 04
$540,000
Council approved

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