1652 State Highway 1, Putaruru, South Waikato

Nestled on the outskirts of Tirau, this exquisite 4-bedroom, 1-bathroom property on a sprawling 4.58 hectares is a haven for equine enthusiasts. Constructed in 1980 with fibrous cement walls and an iron roof, this freehold property boasts a capital value of $1,100,000, unchanged since 2018, yet demonstrating potential with a HouGarden AVM of $1,082,500. The latest sale history shows a significant increase from $370,000 in 2003 to $1,060,000 in 2024. The residence features a spacious kitchen with open-plan living, an additional room that could serve as a bedroom, office, or playroom, and a covered deck that invites you in. Down the hallway, you'll find three more bedrooms, a family bathroom, and a laundry with an extra toilet, complemented by an ensuite in the master bedroom. The property is complete with a large double carport, a 1080sqm covered arena with 5 stables, and additional facilities like tack rooms and a wash bay, all equipped with power. The land is subdivided into 12 paddocks with post and rail fencing, and two central raceways provide access, making this property a gem in a quiet cul-de-sac.

With a CV increase of 0.0% over the years, this property's value has been consistent, yet the recent sale history suggests a promising investment. The property's highlights include a well-maintained average condition for both walls and roof, and a floor area of 160sqm set upon a land area of 45,810sqm. It's a perfect blend of comfort and functionality, ideal for those seeking a countryside lifestyle with a touch of creative flair.

For families with children, the property falls within a desirable school zone. With top-notch educational institutions nearby, this property is not just a home but a foundation for a bright future.

Updated on November 07, 2024