Nestled on a level plot at 73 Tirau Street, Putaruru, in the South Waikato district, this 1930-built freehold property is a charming residential dwelling with zoning flexibility for commercial use. Constructed with wood and iron, the exterior walls and roof are in average condition, sheltering a cozy interior with three bedrooms, a well-appointed bathroom, and a functional kitchen. The home boasts a floor area of 103 square meters, a land area of 812 square meters, and includes two car parks. The living space is enhanced with a heat pump for year-round comfort and a separate laundry room for convenience. Outside, a covered deck overlooks beautiful gardens, creating a serene atmosphere. This property, with a current Capital Value (CV) of $495,000, has seen no increase since 2018. However, the HouGarden AVM estimates the property at $485,000, and recent sales history shows a sale in 2024 for $480,000, indicating a 27.6% increase from the 2019 sale price of $375,000.
For families, the property falls within a desirable school zone, with excellent educational facilities catering to a range of ages and academic needs. The zone's schools are well-regarded, promising a quality education for children.
With its versatile zoning (8B), this property presents a unique opportunity for investors and homebuyers alike, offering the potential for both residential and commercial ventures. This inviting home, set in a thriving location, is ready for a new owner to capitalize on its potential.
Updated on August 14, 2024