Aerial · LINZ aerial
Title boundary · 1,195 m² · LINZ
Unclaimed

13 Tee Street, Putāruru

South Waikato District

Negotiation

  • 3
  • 1
  • 2
  • 92m²
  • 1,184 m²
  • House

Tenant moving out, must be sold!

Set on a generous 1,184sqm (MOL) section, 13 Tee Street offers plenty of space both inside and out. With three bedrooms, a covered deck and a single garage, this property is ready for its next owners to make it their own. Step inside and you will find a practical home with three well-sized bedrooms, a family bathroom and comfortable living spaces. The covered deck is a real highlight, providing the perfect spot for entertaining family and friends all year round, whatever the weather. Outside, the large section gives you plenty of room to enjoy, whether it is space for the kids, pets, gardens or simply room to spread out. The single garage provides secure parking or additional storage, with plenty of off-street space available on the sizeable section. There is plenty to like about this property, particularly for those looking for a home with room to grow and the opportunity to add their own touch. Get in touch with the agent today to find out more about 13 Tee Street.

Open homes 1

Sun, 8 Nov12:45 pm – 1:15 pm
.ics
OwnBetter estimate
$489k
Medium confidence

We estimate it would sell for $489,000 as at 5 October 2026, in a range of $439,000 to $557,000.

Typical home in Putāruru
$503k
The median of our estimates of its 1,806 homes
How we worked this out
Council valuation, Jul 2024$465,000
Market movement in South Waikato District since the council valuation+0.9%
Apartments and houses in South Waikato District+0.1%
How Putāruru sells against council values+1.7%
Homes of this age in Putāruru+0.5%
Homes in this price range+0.2%
Land as a share of the value+0.5%
Nearby recent sales (15)−1.1%
Its own sale in 2021+2.3%
Our estimate$489,000

We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales and its own last sale have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.

My notes
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What it costs to live here

Home expense estimates

—a month, all in

Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.

Investor insights

13 Tee Street as a rental

Rent estimate$530/wk$460–$610 · Little evidence
Gross yield5.6%$27,560 a year on $489k
Net yield4.6%After $4,876 of costs
Cash flow+$41/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $530
Property manager
Rent, 52 weeks$27,560
Empty between tenants 2 weeks
Property management 9.2% incl. GST
Maintenance 5% of rent
Council rates this year
Landlord insurance the building
Net income before interest$22,684
Interest $342,300 at 6.00%, interest only−$20,538
Cash flow before tax+$2,146
Cash flow a week+$41
Gross / net yield on the price5.6% / 4.6%
Return on equity cash flow on the deposit, before tax1.5%
Loses money above this interest rate, before tax6.63%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 6.63%. That is 1.5% a year on a $147k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area92 m²
  • Land area1,184 m²
  • Decade built1950s
  • Bedrooms3
  • Bathrooms1
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilSouth Waikato District
  • Valuation #5416-35600
  • Valuation date1 Jul 2024

From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.

Title and land

Order a title record
  • Title numberSA1416/19
  • Title typeFreehold
  • Legal descriptionLot 13 Deposited Plan South Auckland 3929
Registered instrumentsChecking the register… See the title summary →

Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

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Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

Unclaimed
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Zoning and hazards

What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.

Reading the council's maps…

What could you build here?

See whether a granny flat fits beside the house: the Building Act exemption, the national granny flat rules and the zone’s own. Then ask builders to price the shape you pick.

About Putāruru

South Waikato District
2,325
Properties on the rating roll
1 Jul 2024
Last council revaluation

Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.

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