Nestled on a level plot at 264 Korimako Drive, Te Awamutu, Waipa, this residential vacant land boasts a freehold title, offering potential buyers the opportunity for unencumbered ownership. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property's land area spans a generous 500 square meters. The construction details of the walls and roof remain unknown, but the property's contour is flat, potentially simplifying any future building plans.
As per the valuation records, the capital value as of August 2022 stands at $420,000. The HouGarden AVM estimates the property's worth at $402,500, with the latest sale recorded on August 27, 2024, at $395,000. This indicates a stable growth trend in the capital value, making it an attractive investment.
For families with educational considerations, this property falls within the zone for Te Awamutu College, a secondary school catering to Year 9-15 with a decile rating of 5. Additionally, both Te Awamutu Primary School and Te Awamutu Intermediate, also rated at decile 5, are in close proximity, ensuring a comprehensive educational pathway for children.
Updated on October 16, 2024