331 Factory Road, Te Awamutu, Waipa

Nestled at 331 Factory Road, Te Awamutu, Waipa, this charming residential property boasts a Freehold title and a well-maintained brick exterior, complemented by an Iron roof from the construction era of 1970. It features 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 95sqm, all set on a sprawling 1045sqm section. The property has an average wall and roof condition, and its contour is level, making it an ideal family home or rental investment. Notably, the capital value has seen a substantial increase of 54.43% from $395,000 in 2019 to $610,000 as of 2022, showcasing a promising investment potential. The HouGarden AVM estimates the property's worth at $567,500, aligning closely with the market trends.

Furthermore, the property is located within a desirable school zone. Te Awamutu College, Te Awamutu Primary School, and Te Awamutu Intermediate all have a decile rating of 5, ensuring quality education for the family. The home itself is a delight with an open-plan kitchen and dining area, a separate lounge with access to a patio and decking, and a cozy gas fire heating system in the lounge. Each of the three double bedrooms comes with built-in robes, and the main bedroom has slider access to the outdoor living area, enhancing the overall living experience.

With a terraced garden at the back, a well-fenced lawn, and additional storage options including a garage, carport, and shed, this property truly ticks all the boxes for comfort, convenience, and investment value.

Updated on June 13, 2024