Nestled in the serene Ngahinapouri, Waipa, this charming 2-bedroom, 1-bathroom cottage on a 2505sqm freehold section is a gem. Constructed in the 1940s with wood walls and an iron roof, it offers an average condition structure with a heat pump for comfort. The property, located at 242 Meadway Road, has a floor area of 95sqm and includes a separate lockup garage with 2 carparks. The capital value has seen a rapid increase of 44.90% from $490,000 in 2019 to $710,000 in 2022, while the HouGarden AVM estimates it at $705,000. This property is not just about the numbers; it's about living in a cul-de-sac that touches the sky with panoramic views of the surrounding mountains.
With a recent sale history and a government valuation on the rise, this property presents a sound investment. The increase in capital value is a testament to the area's growth and potential. The property is zoned for the decile 7 Paterangi School and the decile 5 Te Awamutu College, ensuring quality education for the family.
Enjoy the tranquility of the country while being within an easy commute of Te Awamutu and Hamilton. This is an opportunity to renovate a piece of history or start fresh on a section that's ready for your lifestyle dreams.
Updated on November 07, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 1.69 km | 4 | 2 | 230m2 | 2024 11 05 | $1,510,000 | Council approved | |
4.74 km | 0m2 | 2024 09 09 | $750,000 | Council approved | ||||
 | 4.51 km | 4 | 241m2 | 2024 09 02 | $1,630,000 | Council approved | ||
 | 4.50 km | 4 | 2 | -m2 | 2024 08 20 | $1,450,000 | Council approved | |
 | 2.80 km | 4 | 3 | -m2 | 2024 08 07 | $1,615,000 | Council approved |