169 Arapuni Street, Putaruru, South Waikato

Nestled on the outskirts of Putaruru, South Waikato, this charming residence is set on a spacious 873 sqm section. Constructed in 1970 with a mix of materials for the walls and iron for the roof, this well-kept home boasts 3 bedrooms, 1 bathroom, and 2 car parks. It features an open-plan kitchen, dining, and lounge, a separate laundry, a heat pump, and an electric hot water system, all complemented by a fully fenced backyard. The interior presents with vinyl flooring in the kitchen and dining, and carpeted comfort in the lounge and bedrooms, making it an ideal family home. As a freehold property, it offers a stable investment opportunity with a consistent government valuation of $455,000 since 2018, indicating a 0.0% CV increase. The HouGarden AVM estimates the property at $422,500, while the latest sales history shows a significant jump from $97,000 in 2007 to $170,000 in 2010. Not only is it a perfect family home, but it also stands as an attractive rental investment with a rental appraisal of $500 per week.

For families with children, the property falls within a desirable school zone with excellent educational facilities. The rural views and residential living make it a serene escape while still being connected to the convenience of town life.

With a decile rating that reflects a high standard of education, the local schools are a major draw for families. This property is not just a house; it's an opportunity to join a community where growth, both in property value and educational prospects, is on the rise.

Updated on June 24, 2024