98 Reservoir Street, Putaruru, South Waikato

Nestled at 98 Reservoir Street in the serene Putaruru, South Waikato, this freehold property is a charming residential dwelling. Constructed in 1964 with concrete walls and an iron roof, it boasts 4 bedrooms and a single carpark. The floor area spans 127 square meters on a generous 817 square meter section with an easy/moderate fall contour. Both the walls and roof are in average condition, and the property has maintained a consistent Capital Value (CV) of $505,000 since 2018, indicating a stable investment opportunity.

According to the latest records, the property was valued at $485,000 by HouGarden AVM, with a recent sale on September 3, 2024, for $445,000. Despite the CV remaining unchanged over the years, the property's potential for appreciation is undeniable, given the right circumstances.

For families with children, the school zone is a significant highlight. With a decile rating that reflects its academic excellence, the nearby schools are an attractive feature of this property, ensuring a quality education for the young ones.

Updated on October 23, 2024