172 Bridge Street, Putaruru, South Waikato

Nestled in the heart of Putaruru, South Waikato, this charming 4-bedroom, 1-bathroom residence with a floor area of 92sqm is set on a spacious 835sqm section. Constructed in 1950 with mixed materials for the walls and tiles for the roof, this freehold property offers an average condition both inside and out. Enjoying an easy/moderate fall contour, the property is located in a quiet cul-de-sac, providing a serene environment with a countryside ambiance, while still being close to town amenities. The property has seen a consistent Capital Value (CV) of $405,000 since 2018, with no increase, and a HouGarden AVM of $407,500. Notably, the latest sale history includes a significant jump from $300,000 in 2019 to $420,000 in 2024, indicating a promising investment opportunity.

For families, the property falls within a desirable school zone, ensuring access to quality education. The tranquil setting and convenient location, being only 30 minutes to Cambridge, 47 minutes to Rotorua, 51 minutes to Tauranga, and 80kms to Taupo, make this property an attractive option for those seeking both town living and a country feel.

With a CV that has remained stable and a recent sale price that reflects a positive trend, this property is not only a comfortable home but also a wise investment choice, particularly for those with an eye on the future value growth.

Updated on September 18, 2024