251 Bond Road, Te Awamutu, Waipa

Located at 251 Bond Road, Te Awamutu, Waipa, this industrial service property offers a unique blend of features for potential business operations. The property spans a generous land area of 2,967 square meters with a floor area of 320 square meters. Constructed in 1980 with fibrous cement walls and an iron roof, both in good condition, it stands as a testament to durability and quality. This freehold property, with no designated car parks, is ideally suited for a variety of industrial or service-related uses.

Over the past few years, the capital value of this property has seen a significant increase, jumping from $720,000 in August 2019 to $1,430,000 in August 2022, marking an impressive growth rate of approximately 98.61%. The latest sale records show transactions at $825,000 in August 2020 and $1,050,000 in February 2024, with a current HouGarden AVM estimate at $1,372,500. This trend underscores the property's increasing market value and potential for investment.

The property is well-positioned within the school zones of Te Awamutu College (Secondary, decile 5), Pekerau School (Contributing, decile 4), and Te Awamutu Intermediate (Intermediate, decile 5), offering good educational options for families in the area. Its strategic location and the quality of nearby schools add to its appeal for a wide range of potential uses and occupants.

Updated on April 05, 2024.