Nestled on a freehold section of 557sqm, this 2-bedroom, 1-bathroom home with a carport offers an open plan living area and is set on a well-maintained Iron clad exterior with a robust Iron roof, built in 2004. The property, located at 94 Wilson Street, Te Awamutu, Waipa, boasts a Capital Value (CV) that has seen a rapid increase of 61.9% from $315,000 in 2019 to $510,000 as of 2022. The HouGarden AVM estimates the property at $490,000, while the latest sales were recorded at $512,000 in 2024 and $222,500 in 2016. This residence is not only perfect for investing, given the current tenancy at $245 per week, but also for families with its convenient access to Te Awamutu's shopping and cafes, as well as the nearby highly rated schools - Te Awamutu College (Decile 5), Te Awamutu Primary School (Decile 5), and Te Awamutu Intermediate (Decile 5), all within a quiet cul-de-sac street.
With a heat pump and electric hot water, the home is comfortable year-round, and the spacious outdoor area provides ample room for parking, gardening, and children's play. The property's contour of easy to moderate fall adds to its charm, and the surrounding countryside, including walks up Mt Pirongia and Lake Ngaroto, offers a serene escape just a 30 km commute from Hamilton.
For those seeking a sound investment or a place to call home, this property is a gem in the sought-after Te Awamutu area.
Updated on October 25, 2024