83 Mutu Street, Te Awamutu, Waipa

This charming property located at 83 Mutu Street, Te Awamutu, Waipa, is a testament to robust construction and thoughtful design. Built in 1972, this residential dwelling features 2 bedrooms, 1 bathroom, and 1 carpark, spread over a generous floor area of 98 square meters on a freehold land area of 429 square meters. The property boasts a brick exterior with an iron roof, both in good condition, and is situated on a level contour, making it both aesthetically pleasing and practical.

Over the years, the property has seen a significant increase in capital value, from $425,000 in August 2019 to $640,000 in August 2022, marking a 50.59% increase. The HouGarden AVM estimates the property's value at $612,500. Its sale history reflects its growing appeal, with the latest sale on January 23, 2024, fetching $545,000, up from $481,000 on January 28, 2021. This property is not just a home but a proven performer for investors and a golden opportunity for first home buyers or those looking to downsize without the burden of a large mortgage.

Located within walking distance to the thriving town centre, the property is zoned for Te Awamutu College (Secondary Year 9-15, decile 5), Te Awamutu Primary School (Contributing, decile 5), and Te Awamutu Intermediate (Intermediate, decile 5), making it an ideal choice for families. Its proximity to cafes, supermarkets, a movie theatre, and a range of shops on Main Street, coupled with the spacious yard and ample parking, adds to its allure.

Updated on April 06, 2024.