461 Rewi Street, Te Awamutu, Waipa

Located at 461 Rewi Street, Te Awamutu, Waipa, this residential dwelling is a charming blend of character and modern convenience. Built in 1937, the property features four bedrooms, two bathrooms, and two car parks, all within a generous floor area of 168 square meters. The home is set on a substantial 1039 square meter freehold land, with a level contour. The exterior is constructed of wood, with an iron roof, both in average to good condition, respectively. The property exudes a timeless appeal with its high ceilings and spacious rooms, making it ideal for families or investors seeking a touch of character charm.

The capital value of this property has seen a significant increase, from $540,000 on August 1, 2019, to $780,000 on August 1, 2022, marking a 44.44% rise. The HouGarden AVM estimates the property's value at $745,000. Recent sales history includes a sale on June 6, 2020, for $629,000, and a previous sale on March 24, 2014, for $325,000. This upward trend in value, coupled with the development activity in the surrounding area, suggests promising potential for future investment or subdivision opportunities.

The property is conveniently located within the school zones of Te Awamutu College, Te Awamutu Primary School, and Te Awamutu Intermediate, all of which have a decile rating of 5. This proximity to educational institutions, along with nearby shops and public transport, enhances the property's appeal as a lifestyle haven. The combination of location, land size, and the spacious bungalow design makes this property a standout offering in a sought-after area.

Updated on September 26, 2025