Nestled on a level plot at 1078 Te Pahu Road, Karamu, Waipa, this charming 4-bedroom homestead on Freehold land offers a serene country lifestyle. Constructed in 1920 with wood walls and iron roofing, both in good condition, the property exudes a cozy, inviting ambiance. It boasts a floor area of 137 square meters, a vast land area of 23,730 square meters, and includes 2 car parks. The capital value has seen a remarkable increase of 46.20% from $790,000 in 2019 to the current $1,155,000 as of 2022. HouGarden AVM estimates the property's worth at $1,160,000, while the latest sale in 2014 was for $450,000.
With a CV increase that outpaces the market average, this property is not just a home but a sound investment. The Te Awamutu College, a secondary school with a decile rating of 5, is in the vicinity, adding to the property's allure. The vendors have shown their commitment by reducing the asking price by $50K, making this an irresistible opportunity to own a piece of paradise with vast flat land, divided into three manageable paddocks, and an array of outbuildings perfect for hobbies and storage.
Approximately 20 kilometers from central Hamilton and 12 kilometers from Whatawhata, this property offers the best of both worlds—country tranquility with easy access to city amenities. This is your chance to embrace a lifestyle that combines the charm of yesteryears with modern convenience.
Updated on September 09, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 1.21 km | 5 | 2 | -m2 | 2024 10 22 | $1,220,000 | Council approved | |
 | 2.84 km | 4 | 2 | 130m2 | 2024 08 23 | - | Council approved | |
 | 3.28 km | 4 | 1 | 144m2 | 2024 08 02 | $825,000 | Council approved | |
 | 3.35 km | 4 | 221m2 | 2024 07 08 | $1,160,000 | Council approved | ||
 | 3.49 km | 3 | 2 | 113m2 | 2024 06 19 | - | Council approved |