Nestled at 327 Rewi Street, Te Awamutu, Waipa, this charming residential property boasts a freehold title on a levelled 736sqm corner section. Constructed in 1950 with wood walls and tiled roof, the 117sqm floor area includes 3 bedrooms, 1 bathroom, and a carpark. The home has undergone recent renovations, blending its original 1950's character with modern conveniences. It features clean lines, quality fittings, and two heat pumps for all-year comfort. The capital value has seen a significant increase from $480,000 in 2019 to $710,000 as of 2022, reflecting a growth of 47.92%. The HouGarden AVM estimates the property at $660,000, while the latest sales were in 2015 for $250,000 and in 1991 for $82,500.
With a CV increase that outpaces the market, this property is not just a home but a sound investment. The government valuations and private estimates indicate a property on the rise, both in value and appeal.
For families with school-aged children, the property falls within the zone of Te Awamutu's highly regarded educational institutions. Te Awamutu College, Te Awamutu Primary School, and Te Awamutu Intermediate all have a decile rating of 5, ensuring quality education is right at your doorstep.
Updated on June 05, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.11 km | 6 | 2 | 118m2 | 2024 11 27 | - | Council approved | |
 | 0.07 km | 5 | 358m2 | 2024 11 22 | $1,600,000 | Council approved | ||
 | 0.13 km | 0m2 | 2024 11 22 | $405,000 | Council approved | |||
 | 0.13 km | 4 | 212m2 | 2024 09 18 | $907,500 | Council approved | ||
 | 0.19 km | 3 | 118m2 | 2024 08 08 | $645,000 | Council approved |