140 Cresta Court, Te Awamutu, Waipa

Nestled in the tranquility of Cresta Court, this freehold, one-owner, four-bedroom brick home on an elevated site boasts panoramic views over Centennial Park. Constructed in 1960 with iron roofing and brick walls, it offers a floor area of 220sqm on a land area of 927sqm. The property features average wall and roof conditions, a steep fall contour, and comes with 2 car parks. It presents an opportunity for renovation and is perfect for first home buyers, builders, or property enthusiasts. The capital value has seen a growth of 45.28% from $530,000 in 2019 to the current $770,000, with a HouGarden AVM estimate of $740,000.

Reflecting a rich history, the property's government valuation has shown a significant increase, indicating a promising investment. The recent sale history further underscores the property's appeal. With a CV increase of 45.28%, this residence holds substantial capital gain 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 October 22, 2024