141 Armstrong Avenue, Te Awamutu, Waipa

Located in the serene neighborhood of Te Awamutu, Waipa, 141 Armstrong Avenue is a testament to the classic charm of the 1950s. This freehold residential dwelling boasts a sturdy brick construction with tile roofing, encapsulating three spacious bedrooms, a bathroom, and provision for one car park. The property spans a floor area of 101m2, set on a generous land area of 520m2. Its level contour, average wall and roof conditions, alongside a property category described as 'Residential - Dwelling', make it an ideal canvas for first home buyers, property investors, builders, and DIY enthusiasts alike.

The financial trajectory of this property has been impressive, with a capital value increase of over 51% from $430,000 in August 2019 to $650,000 in August 2022. The latest sale recorded on February 2, 2024, was at $570,000, up from $215,000 back in May 2013, showcasing a robust growth in value. The HouGarden AVM estimates the property's worth at $622,500, further highlighting its potential as a lucrative investment.

Education is a cornerstone of the Te Awamutu community, and 141 Armstrong Avenue falls within the zones of reputable schools including Te Awamutu College (Secondary, decile 5), Te Awamutu Primary School (Contributing, decile 5), and Te Awamutu Intermediate (Intermediate, decile 5). This property not only offers a solid foundation for a family home but also the promise of quality education for children.

Updated on April 04, 2024.