Nestled at the heart of Te Awamutu town, this Freehold commercial property on 116 Alexandra Street boasts a rich history, dating back to 1920 with a floor area of approximately 390sqm. The charming two-storey building features concrete walls and an iron roof in average condition, exuding a rustic vibe with its exposed piping and native timber floors. It has undergone extensive renovations, including rewiring, replumbing, insulation, and new aluminium joinery, making it a prime executive space. Currently generating an income of approximately $78,000 per annum from two long-term tenants, this property also offers potential for accommodation with council consultation. Notably, the capital value has surged by 32.15% from $940,000 in 2019 to $1,240,000 as of 2022, with a HouGarden AVM of $1,155,000. The latest sale was in 2000 for $100,000. It is located in a desirable school zone, with Te Awamutu College, Te Awamutu Primary School, and Te Awamutu Intermediate all rating a decile of 5.
Updated on May 28, 2024
adresse | distance | nombre de chambres | nombre de salles de bain | superficie du bâtiment | date de vente | prix de vente | source de données | |
|---|---|---|---|---|---|---|---|---|
 | 0.24 km | 3 | 2 | 170m2 | 2024 06 24 | $811,000 | Council approved | |
 | 0.32 km | 3 | 2 | -m2 | 2024 03 15 | $975,000 | Council approved | |
 | 0.23 km | 3 | 140m2 | 2024 02 23 | $715,000 | Council approved | ||
0.34 km | 2 | 1 | 86m2 | 2024 02 16 | $427,000 | Council approved | ||
 | 0.34 km | 2 | 1 | 98m2 | 2024 01 23 | $545,000 | Council approved |