Nestled close to the heart of the town and esteemed local schools, this charming Kiwi classic at 151 Te Tomo Street, Te Awamutu, Waipa, is a freehold property that has seen a significant jump in its capital value, rising from $460,000 in 2019 to its current $680,000 in 2022 – a growth of 47.83%. Constructed in 1950 with wood walls and an iron roof, this dwelling boasts 3 bedrooms, a spacious open-plan kitchen and dining area, and a family lounge drenched in sunlight. The 122sqm floor area is complemented by a 1004sqm section, complete with a large heat pump, 2 carparks, a detached garage, and beautiful views from a roomy entertainment deck. The modern kitchen features ample cabinetry and high-end appliances, while the property's contour, though steep, adds a unique charm.
With a HouGarden AVM of $632,500 and a history of sales, including $135,000 in 2001 and $132,000 in 1997, this property holds investment potential. The Te Awamutu school zone, with its secondary, primary, and intermediate schools all rated a decile 5, is another draw for families.
Not only is this home a solid foundation for first-time buyers, but it also offers the convenience of a prime location, coupled with the promise of a blossoming garden and the comfort of modern amenities. It's a classic starter, ready to be transformed into a warm, inviting home.
Updated on June 21, 2024