Located at 2a/781 Te Pahu Road, Te Pahu, Waipa, this lifestyle-improved property offers a serene and private country cottage experience. Built in 2016, the property features a floor area of 125 square meters on a substantial 3,111 square meter section. It boasts two bedrooms, an open-plan living space with a newly installed kitchen, and a separate stand-alone garage connected by a large outdoor elevated deck. The property is well-maintained with a low maintenance colour steel exterior, gas fire, and double-glazed windows ensuring warmth and comfort. The freehold property has good condition iron walls and roof, and is set on a level contour, providing a very private setting with mature trees and expansive rural views.
Over the past few years, the capital value of this property has seen a significant increase of 45.08%, from $610,000 in August 2019 to $885,000 in August 2022. The latest HouGarden AVM estimates the property's value at $872,500. Historical sales data shows a steady increase in value, with sales in May 2014 at $374,000 and in January 2010 at $181,000, reflecting the property's growing appeal and investment potential.
Education is well catered for, with the property zoned for Te Awamutu College, a secondary school catering to years 9-15 with a decile rating of 5. This ensures access to quality education, making it an ideal location for families seeking a balance between rural tranquility and educational opportunities.
Updated on March 21, 2024.