1/403 Mahoe Street, Te Awamutu, Waipa

This solid brick townhouse, located at 1/403 Mahoe Street, Te Awamutu, Waipa, is a testament to quality and convenience. Built in 2003, it features 3 bedrooms, a spacious floor area of 140 square meters, and a double garage, all under a Cross-Lease title. The property boasts good condition brick walls and an iron roof, set on a level contour. The open-plan living and dining area, complemented by a raked ceiling, offers a bright and airy atmosphere, while the modern kitchen is equipped with ample storage and meal preparation space. A heat pump ensures comfort throughout the year, and the well-proportioned bedrooms come with built-in wardrobes. The family bathroom is accessible from both the hallway and the master bedroom, and there's a separate toilet for added convenience. Outdoors, the low-maintenance garden is perfect for those who enjoy gardening or simply wish to create a peaceful retreat.

Over the past few years, the property has seen significant capital value growth, from $550,000 in August 2019 to $790,000 in August 2022, marking a 43.64% increase. The latest HouGarden AVM estimates the value at $780,000. It last sold for $715,000 in February 2024, demonstrating its desirability and investment potential. The property's history also includes a sale for $329,000 in January 2012, highlighting its steady appreciation over time.

Located within the zone for Te Awamutu College, Te Awamutu Primary School, and Te Awamutu Intermediate, all with a decile rating of 5, this property is ideally situated for families seeking quality education options. The schools cater to a range of ages, from primary through to secondary (Year 9-15), offering comprehensive educational opportunities.

Updated on March 22, 2024.