Neal Street, Putaruru, South Waikato

Nestled on Neal Street, Putaruru, in the South Waikato region, this industrial-service property is a freehold establishment built in the year 2000. It boasts iron-clad walls and a roof in good condition, sitting on a land area of 641 square meters with a floor area of 402 square meters. The property's design does not specify the number of bedrooms, bathrooms, or carparks, yet it presents a solid structure ready for various ventures.

As per the valuation records, the capital value has remained stable since 2018 at $395,000, indicating a 0.0% increase over the period. The HouGarden AVM estimates the property's worth at $387,500. Notably, the latest sale history showcases a significant leap from $400,000 in 1999 to $610,000 in 2024, reflecting a substantial growth in market value.

For families considering the property, the school zone is a key highlight. The local schools have a favorable decile rating, ensuring quality education for the children. This feature adds to the property's allure as a sound investment for both present comfort and future returns.

Updated on August 07, 2024