2/653 Bank Street, Te Awamutu, Waipa

Centrally located in the heart of Te Awamutu, this low-maintenance, freehold property is a gem, built in 2017 with brick walls and an iron roof. It boasts three spacious bedrooms, a floor area of 155sqm, and a land area of 406sqm, complete with two carparks. The property presents a capital value increase of 43.10% from $580,000 in 2019 to the current CV of $830,000. The HouGarden AVM estimates the property at $825,000, while the latest sale was recorded in 2016 for $200,000. The residence is in a level contour, with good wall and roof conditions, making it an ideal choice for comfortable modern living.

With a CV growth rate that outpaces the market average, this property is not just a home but also a sound investment. The recent valuation surge is a testament to its appeal and potential.

For families with school-aged children, the property falls within the zones of Te Awamutu College (Secondary, Decile 5), Te Awamutu Primary School (Contributing, Decile 5), and Te Awamutu Intermediate (Decile 5), ensuring access to quality education.

Updated on November 26, 2024