20 Arapuni Road, Putaruru, South Waikato

Nestled at 20 Arapuni Road, Putaruru, South Waikato, this executive lifestyle property on a freehold title boasts 3 bedrooms and a spacious floor area of 180 square meters. Constructed in 1995 with mixed materials for the walls and iron for the roof, both are in good condition. The property, valued at $1,130,000 according to the latest government valuation, has seen no increase in capital value since 2018. It sits on a level 4.59 hectare land with a variety of amenities including a north-facing open plan kitchen, a wood-burner equipped lounge, a separate TV room, and a private deck off the master bedroom with an ensuite. The second level features two additional bedrooms with a shared bathroom. There's also a two-bay garage with a hobby room, a covered walkway, a 5-bay shed for extra storage, and a subdivided paddock with cattle yards. The property's HouGarden AVM is $1,042,500, with the latest sale recorded at $1,000,000 in 2021 and another in 2024, indicating a stable investment opportunity in this sought-after location.

As for the valuation history, the property's capital value has remained consistent, reflecting a 0.0% increase over the years. The latest sale history shows that the property has maintained its value, with transactions at $1,000,000 in both 2021 and 2024. This consistency is a testament to the property's appeal and potential as a long-term investment.

For families with children, the property falls within a desirable school zone. With top-notch educational facilities and a decile rating that reflects quality, this is an ideal place to raise a family. The combination of a peaceful cul-de-sac location, spacious living, and a family-oriented community makes this property a rare find.

Updated on December 04, 2024