Sold

1/267 Mutu Street,
Te Awamutu, Waipa District

7 bedrooms
4 bathrooms
3 car spaces
1,507m² land size
House

NZD 850,000


Property details

Chattels

  • Stove
  • Rangehood
  • Extractor Fan
  • Dishwasher
  • Light Fittings
  • Floor Covers
  • Blinds
  • Curtains
  • Drapes
  • Garden Shed

It All Adds Up

This property offers an exciting opportunity for investors, developers, or larger families. The centerpiece is a recently renovated bungalow featuring three spacious bedrooms, two bathrooms, and an expansive living area that opens onto a generous rear deck. In addition, there is a convenient double carport. What sets this property apart is the separate driveway at the back, leading to two two-bedroom, one-bathroom units, each with its dedicated carport. This unique setup presents a fantastic rental yield that is hard to surpass. For developers, the location on the outskirts of the CBD offers potential for site redevelopment. Alternatively, those seeking an income-generating option can live in the front bungalow and rent out the units at the rear. Don't overlook this thrilling investment opportunity, as it holds strong potential for a solid return. Phone Sonia today.

Explore the area


School catchments

  • St Patrick's Catholic School (Te Awamutu) Full primary Years 1-8 State integrated 0.39km
  • Te Wharekura o Nga Purapura o Te Aroha Composite Years 1-15 State 0.72km
  • Te Awamutu Primary School Primary Years 1-6 State 0.73km
  • Pekapekarau School Primary Years 1-6 State 1.4km
  • Te Awamutu Intermediate Intermediate Years 7-8 State 1.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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