1425 Te Pahu Road, Karamu, Waipa

Nestled on a vast 3.7ha of land, this spacious 4-bedroom, 1-bathroom home boasts a generous floor area of 144 square meters. Constructed in 1980 with fibrous cement walls and an iron roof, the property is in average condition and is offered with the comfort of freehold ownership. The Te Pahu Road, Karamu, Waipa address enjoys a level contour, ensuring a serene and private living environment in this quiet cul-de-sac. Notably, the property has seen a significant Capital Value increase of 34.46% from $885,000 in August 2019 to $1,190,000 as of August 2022. The HouGarden AVM estimates the property's worth at $1,155,000, making it an attractive investment. Historically, the latest sales were recorded in 2005, with prices of $480,000 and $435,000, reflecting the property's consistent growth in value.

Conveniently located 20 minutes from the city and 5 minutes from amenities like a community hall, squash court, preschool, and country school, this property is perfect for a young family or a DIY enthusiast. The vendors are motivated to sell and offer immediate possession. The property's size and potential make it a stand-out choice for those who appreciate space and possibilities.

For families with children, the school zone is a significant advantage. The local schools are well-rated, providing a quality education within a supportive community. This home not only promises comfort and convenience but also a promising future with its increasing Capital Value and desirable location.

Updated on August 02, 2024