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120 Arapuni Street, Putāruru, South Waikato

Price by Negotiation

3

2

113m²

1,012m²

Developers launch pad

If you’ve ever been tempted to join the ranks of those making money from real estate development, I’d suggest you won’t find a better opportunity than this as a starting point.

1012sqm (more or less) flat section, boasting an ideally situated three-bedroom, two-bathroom newly built home, ready and waiting for tenants, making sure you can hit the ground running with good income to fund the next part of the development.

This is a rare beast indeed, as most have demolition cost, all while servicing lending meaning lack of funds while you wait for contractors to complete of the project.

This one has the advantage of getting returns as soon as settlement occurs, easing the financial burden, or perhaps living on site.

My vendor has moved on to other opportunities and so offers you this rare situation of an attractive launch pad for your entry into property development.

If you’re already in the construction industry, builder, electrician or plumber, you’ll recognize the advantages of a joint venture to spread the load or go it alone. The choice is yours, if you recognize the opportunity here.

Theres only one of these, so suggest early viewing to avoid disappointment.

Additional details

Type

House

Property ID

2280414

Listed on

25/09/2026

Updated

yesterday

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

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OneRoof mentions

Listed for sale on OneRoof for 30 days (last updated on 25 September) and was last sold in 2021 for $415,000. OneRoof now estimates this property to be $685,000 and its latest rating valuation by South Waikato council is $565,000 as of 2024. This property has appeared in 7155 searches in the last 30 days. There are 23 3-bedroom properties for sale nearby. There are 65 properties for sale in Putāruru.

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Property data

On OneRoof

29 days

Property Type

House

Floor Area

113m²

Land Area

1,012m²

About the area

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Time (yrs)

5 yrs

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Putāruru, South Waikato

Putaruru is a suburb which lies within the Territorial Authority of South Waikato, one of 11 residential suburbs which form the wider region. Putaruru is the 2nd largest suburb of South Waikato in terms of the total number of residential housing stock. Putaruru provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1900 - 1909. The majority of the residential housing stock in the locality was constructed between 1950 - 1959. Residential housing stock in Putaruru is made up of approximately 84% residential housing , 3% residential investment housing and 13% lifestyle properties.

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