Nestled in the tranquility of a quiet cul-de-sac at 12 London Terrace, Putaruru, South Waikato, this 1976-built residential dwelling boasts a freehold title. The 101 square meter floor area is complemented by a spacious 862 square meter land, featuring 3 well-sized bedrooms with inbuilt wardrobes, a separate toilet and laundry. The fibrous cement walls and iron roof are both in good condition. Inside, a large lounge is equipped with a heat pump. With a government valuation (CV) of $400,000 as of July 2021, unchanged from 2018, this property offers a stable investment opportunity with a 0.0% increase rate. It's a perfect fit for new home buyers looking to enter the property market.
As per the HouGarden AVM, the property is valued at $392,500, indicating a potential bargain for the right buyer. The property has seen no recent sales, making it a hidden gem waiting to be polished. It's a home that allows you to choose the level of investment, from minimal input to a complete makeover, offering huge potential for the right buyer.
For families with children, the school zone is a significant highlight. With a decile rating that reflects its educational excellence, the nearby schools are an added value to this property. It's not just a house, but a foundation for a bright educational future.
Updated on August 26, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 3 | 1 | 99m2 | Year 2025 Month 01 Day 17 | $465,000 | Council approved | |
 | 0.56 km | 5 | 1 | 165m2 | Year 2024 Month 12 Day 18 | $390,000 | Council approved | |
 | 0.08 km | 3 | 1 | 170m2 | Year 2024 Month 12 Day 03 | - | Council approved | |
 | 0.09 km | 3 | 200m2 | Year 2024 Month 11 Day 19 | $590,000 | Council approved | ||
0.11 km | 2 | 1 | 89m2 | Year 2024 Month 09 Day 16 | $458,000 | Council approved |