723 Park Road, Te Awamutu, Waipa

This charming residence located at 723 Park Road, Te Awamutu, Waipa, offers a blend of comfort and potential. With 3 bedrooms, 1 bathroom, and 1 carpark, this home spans a floor area of 88m2 on a generous 470m2 freehold section. Constructed in 1950, the property features mixed materials for walls and an iron roof, both in fair condition. The level contour of the property adds to its appeal, making it an ideal choice for families or investors alike.

Over the years, the capital value of this property has seen a steady increase, from $375,000 in August 2019 to $420,000 in August 2022, marking a 12% growth. The latest sale data reveals a significant transaction at $570,000 on February 8, 2024, showcasing the property's escalating market value. The HouGarden AVM estimates the property's worth at $402,500, indicating its potential for further appreciation.

Education is a priority, and this property is perfectly positioned within the school zones of Te Awamutu College, Te Awamutu Primary School, Pekerau School, and Te Awamutu Intermediate, all offering a range of educational opportunities with decile ratings from 4 to 5. This location ensures a balanced and accessible education for children, making it a desirable location for families.

Updated on April 05, 2024.