12 Te Aranui Drive, Te Awamutu, Waipa

Nestled at 12 Te Aranui Drive, Te Awamutu, Waipa, this Freehold property is a modern haven that boasts of stunning views and low maintenance living. Constructed in 2017 with a mix of materials for the walls and Iron for the roof, this 217sqm home with a floor area of 774sqm is designed for functionality and comfort. It features 3 bedrooms, 2 carparks, and a well-appointed kitchen with a gas hob and twin wall ovens. The property has seen a 41% increase in Capital Value from $760,000 in 2019 to the current $1,070,000 as of August 2022. The HouGarden AVM estimates it at $995,000, while the latest sale was for $1,060,000 in May 2022. This is an ideal home for a variety of buyers, including retirees and families, with its energy-efficient features like a heat pump, double glazing, and gas hot water.

For investors, the property's history is just as impressive. The significant jump in CV and the latest sale price reflect a promising growth trend. The property was last sold for $190,000 in 2015, showcasing a remarkable investment return. The attractive landscaping and easy/moderate rise contour add to the property's allure, making it a serene retreat in a quiet cul-de-sac.

When it comes to education, the property falls within the zones of Te Awamutu Intermediate and Te Awamutu College, both with a decile rating of 5, and Pekerau School with a decile rating of 4. This makes it an excellent choice for families with school-aged children, providing access to quality education.

Updated on May 17, 2024