Listed: Thu, 23 Apr

Residential Investment

31-33 Arapuni Street, Putaruru, South Waikato, Waikato

Asking price $699,000

6+ Beds
2 Baths
2 Living areas
170m² Floor
587m² Land

Attribute	Value
Property type	Unit
Capital value (CV)	$435,000
Agency reference	CBU227661
Broadband in the area	Fibre, ADSL, Satellite, VDSL, Wireless

This residential investment presents an exciting opportunity for both investors and developers alike. Currently returning approximately $48,000 per annum in rental income, the property offers immediate cash flow while also holding strong potential for future development.

Whether you’re looking to landbank, add value, or explore redevelopment options (subject to council approval), this property provides flexibility and long-term upside in a growing market.

Open home times

No times scheduled

Local Schools

IN ZONE Putāruru College
Junction Street
1.6 km
Secondary (Year 7-13) (Intermediate & Secondary), State, 433 enrolled
UNZONED St Mary's Catholic School (Putāruru)
5 Mackenzie Street
661 m
Full Primary (Primary & Intermediate), State : Integrated, 174 enrolled
UNZONED Putāruru Primary School
Kennedy Drive
666 m
Contributing (Primary), State, 208 enrolled

UNZONED Te Wharekura O Te Kaokaoroa O Patetere
117 Buckland Street
1.1 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 317 enrolled
UNZONED Lichfield School
779 Lichfield Road
6.5 km
Contributing (Primary), State, 87 enrolled
OUT OF ZONE Tirau Primary School
69 Main Road
8.9 km
Contributing (Primary), State, 128 enrolled
OUT OF ZONE Te Waotu School
1274 Waotu Road
12.8 km
Full Primary (Primary & Intermediate), State, 117 enrolled
UNZONED Horahora School (Cambridge)
1798 Maungatautari Road
15.7 km
Full Primary (Primary & Intermediate), State, 40 enrolled
UNZONED Forest View High School
Baird Road
19.3 km
Secondary (Year 9-13) (Secondary), State, 422 enrolled
UNZONED Pukeatua School
2110 Arapuni Road
19.4 km
Full Primary (Primary & Intermediate), State, 76 enrolled
UNZONED Pa Harakeke Teen Parent Unit
Billah Street
20.5 km
Teen Parent Unit (Secondary), State
UNZONED Tokoroa High School
Billah Street
20.5 km
Secondary (Year 9-13) (Secondary), State, 515 enrolled
UNZONED Tkkm O Te Hiringa
12-24 Tainui Street
21.7 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 136 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.