690 Te Kawa Road, Te Kawa, Otorohanga

Located at 690 Te Kawa Road, Te Kawa, Otorohanga, this modern residence combines the tranquility of country living with contemporary design. Built in 2017, the property features three bedrooms, a spacious floor area of 116sqm, and sits on a generous land area of 1,618sqm. Ownership is Freehold, ensuring complete control over this slice of paradise. The exterior boasts fibrous cement walls in good condition and an iron roof, also in good condition. The property is level, making it both aesthetically pleasing and functional.

From a financial perspective, the property has seen significant growth. The capital value has increased from $430,000 in August 2019 to $710,000 in October 2022, marking a 65.12% increase. The latest sale on April 24, 2023, was at $730,000, up from $390,000 in November 2016. The HouGarden AVM estimates the property's value at $695,000, indicating a stable market perception.

The property is ideally located for families, being in the zone for Pokuru School (decile 6), Te Awamutu College (decile 5), and Te Awamutu Intermediate (decile 5). These educational institutions provide a range of learning environments from primary through to secondary levels, catering to a broad spectrum of academic and social development needs.

Updated on March 21, 2024.