Welcome to this exceptional three-bedroom, one-bathroom residence with a single carpark, located at 482 Racecourse Road, Te Awamutu, Waipa. This freehold property, built in 1970 with fibrous cement walls and an iron roof, sits on a levelled 1012m2 section. The home boasts an open-plan design, three heat pumps, a DVS ventilation system, and is well-insulated. The capital value has seen a significant increase of 49.43% from $435,000 in 2019 to $650,000 as of 2022. The HouGarden AVM mirrors this CV, while the latest sales in 2024 and 2018 were $632,000 and $429,000 respectively. This property is within a desirable school zone, with Te Awamutu College, Te Awamutu Primary School, and Te Awamutu Intermediate all rated a decile 5.
Not only is the property’s CV on the rise, but it also offers a modern lifestyle with a recently replaced roof, a new back deck, and a spacious backyard perfect for outdoor activities. The large section allows for a vegetable garden, fruit trees, and is ideal for pet owners. The property also features a sizeable garage with a workshop, ample off-street parking, and additional storage in the garden shed.
For families with children, the school network is a significant plus, with highly-rated educational institutions in close proximity. This property is not just a home but a wise investment for the future.
Updated on October 02, 2024