1/1291 Te Rahu Road, Te Awamutu, Waipa

Nestled in a serene cul-de-sac at 1/1291 Te Rahu Road, Te Awamutu, Waipa, this residential dwelling on a freehold title boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with solid brick walls and an iron roof, both in good condition, this property enjoys an easy/moderate fall contour and a floor area of 100sqm on a generous 404sqm land. The capital value has seen a significant increase from $390,000 in 2019 to $600,000 in 2022, reflecting a growth rate of 53.85%.

With a HouGarden AVM of $572,500 and recent sales history showing a transaction of $592,000 in 2024 and $490,000 in 2020, this property presents a sound investment opportunity. The government's capital value assessment has been on an upward trend, indicating a promising future for the property's worth.

For families with school-aged children, the property falls within the zones of Te Awamutu College (Secondary, Decile 5), Pekerau School (Contributing, Decile 4), and Te Awamutu Intermediate (Intermediate, Decile 5), ensuring access to quality education.

Updated on October 23, 2024