423 Mahoe Street, Rukuhia, Waipa

This charming property located at 423 Mahoe Street, Te Awamutu, Waipa, encompasses a 1940's five-bedroom dwelling on a generous 1110m2 freehold section. The house, constructed with wood walls and an iron roof, spans 191m2, offering ample space for family living. Despite its age, the property maintains an average condition for both its walls and roof, and sits on a level contour, making it an ideal canvas for potential renovations or developments. With two carparks available, this residential dwelling caters to the modern family's needs.

Over the years, the property has seen a significant increase in its capital value, growing from $640,000 in August 2019 to $900,000 in August 2022, marking a 40.625% increase. This growth is a testament to the property's increasing desirability and potential for further development. The HouGarden AVM estimates the property's value at $862,500, highlighting its appeal in the current market. This property represents a golden opportunity for astute developers interested in commercial possibilities, given its prime location and substantial land area.

The property is zoned within the catchment area for Te Awamutu College, Te Awamutu Primary School, and Te Awamutu Intermediate, all of which have a decile rating of 5. This ensures access to quality education, making it an ideal choice for families looking to provide their children with a solid educational foundation.

Updated on April 05, 2024.