11 Bridgman Road, Te Awamutu, Waipa

Nestled on a serene cul-de-sac at 11 Bridgman Road, Te Awamutu, this freehold property boasts a generous 1179sqm section. The 1973-built home features 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 95sqm. The residence is characterized by its fibrous cement walls and iron roof, both in average condition. Notably, the property has seen a 50% increase in Capital Value from $440,000 in 2019 to $660,000 in 2022. The HouGarden AVM estimates the property at $650,000, while the latest sales were recorded at $302,500 in 2007 and $119,000 in 2001. The home has undergone smart updates including double glazing, gas hot water, and a new roof, making it an attractive investment.

With a CV growth rate of 0.5, this property is not only a sound financial investment but also a perfect family home, located within a top-rated school zone. The Te Awamutu College, Te Awamutu Primary School, and Te Awamutu Intermediate all have a decile rating of 5. The outdoor space is a haven for gardening enthusiasts, complete with a converted gym, garden shed, and pergola, all set against a backdrop of mature gardens and fruit trees.

The elevated covered deck offers a vantage point to enjoy the tranquility and distant views, while the new deck at the front provides a perfect extension to the living area, inviting potential for further enhancement or extension to create a forever home.

Updated on November 20, 2024