Nestled on a spacious section at 564 Kihikihi Road, Te Awamutu, this charming 1950's brick residence with a tiled roof and aluminium joinery presents an excellent opportunity for first home buyers and investors alike. The freehold property boasts 3 bedrooms, 1 bathroom, and a carpark, spread across a floor area of 140sqm on a land area of 801sqm. The current Capital Value (CV) stands at $680,000, reflecting a significant increase of 49.5% since 2019. The house, with average wall and roof conditions, is situated on a section with an easy/moderate fall, and it includes modern comforts such as a heat pump and ceiling insulation.
History shows a consistent rise in value, with the HouGarden AVM estimating the property at $622,500, and recent sales in 2020 and 2016 at $520,000 and $325,000 respectively. This property is not just a number; it's a home with a log fire, a large deck for entertainment, and a basement waiting to be transformed into your personal haven.
For families with children, the property falls within the zones of highly regarded schools such as Te Awamutu College (Secondary, Decile 5), Te Awamutu Primary School (Contributing, Decile 5), Pekerau School (Contributing, Decile 4), and Te Awamutu Intermediate (Decile 5), ensuring access to quality education.
Updated on December 04, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 4 | 1 | 130m2 | 2024 08 27 | - | Council approved | |
 | 0.29 km | 3 | 360m2 | 2024 07 18 | $835,000 | Council approved | ||
 | 0.23 km | 2 | 1 | 110m2 | 2024 07 15 | - | Council approved | |
| 0.23 km | 110m2 | 2024 07 08 | $470,000 | Council approved | |||
 | 0.24 km | 3 | 176m2 | 2024 06 24 | $699,000 | Council approved |