Nestled at 152 Mandeno Street, Te Awamutu, Waipa, this charming and spacious freehold property is a gem from the early 1900's. It boasts 4 bedrooms, 1 bathroom, and 4 car parks, with a floor area of 162 square meters and a land area of 1012 square meters. The villa, with its iron roof and wooden walls, exudes a country cottage ambiance. The property has seen an impressive CV increase of 43.0%, from $560,000 in 2019 to $800,000 as of August 2022. The HouGarden AVM estimates it at $745,000, while the latest sale was in 2015 for $348,515. This residence, with its high stud ceilings and native timber flooring, beautifully blends period charm with modern conveniences like a heat pump and solar panels.
As for the government valuations, the capital value growth is a testament to the property's investment potential. The recent history of sales and the AVM reflect a consistent rise in the property's worth. This is a home that has not only stood the test of time but has also increased in value, making it an attractive opportunity for investors and homeowners alike.
For families with school-aged children, the property falls within the zones of Te Awamutu College (Secondary, Decile 5), Te Awamutu Primary School (Contributing, Decile 5), Pekerau School (Contributing, Decile 4), and Te Awamutu Intermediate (Intermediate, Decile 5). The location ensures access to quality education, which is a significant draw for many families.
Updated on May 21, 2024
