111 Ngatai Street, Taumarunui, Ruapehu

price TBC
4
Bedrooms
1
Bathrooms

Nest or Invest

Step into this solid, weatherboard gem featuring four bedrooms, perfect for growing families or savvy investors. Built to last, this home offers the best of both worlds: timeless charm and modern comfort with not one, but two heat pumps for year-round efficiency. With room to add your personal touch and increase value, it's a fantastic opportunity for first home buyers or a smart addition to your investment portfolio. Don't miss out on a home that's ready for its next chapter!

111 Ngatai Street, Taumarunui, Ruapehu

Web ID

TUU192260

Floor area

95m2

Land area

728m2

District rates

$3,300.71pa

Regional rates

$312.57pa

LV

$75,000

RV

$295,000

4
Bedrooms
1
Bathrooms
price TBC
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TUU192260

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This immaculately presented property has been lovingly cared for by its current owners ever since it was built in the 1960s. However, now the time has come for them to move on and for someone else to call this beautiful property their own. Inside the home boasts a modern kitchen, bathroom and laundry, which have all been recently renovated. The kitchen/dining room area flows into the living room through sliding double doors. Here you will find a wood burner, as well as a heat pump to keep things toasty throughout the winter months. From the living room, French doors lead out onto the North-facing covered porch, which is perfectly set up for summer barbecues and soaking up a bit of sun. The home provides ample storage with built-in wardrobes and cupboards featuring throughout. Outside there is also a generous single garage with an automatic door for added convenience. Ceiling and underfloor insulation, as well as extractors in both the kitchen and bathroom mean this property is a great proposition for those looking for an investment property. A wheelchair ramp also ensures the home is practical for people of all ages and stages. Outside, a large and well-kept backyard is adorned with established trees, providing shade, privacy and a great area for kids and pets to play. This property offers so much to people of all walks of life, so act fast to make it yours today!

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Situated on a 630sqm (more or less) corner site sits the 1960's bedroom bungalow. The property is currently tenanted and meets healthy home standards for the astute investor, or move on in and make it your own. Inside boasts an open plan kitchen, dining and living area with a heatpump to keep you warm in winter and cool in summer, there are 4 bedrooms and a tidy bathroom. There is no shortage of shedding with a carport and double garage outside. Both the yard and interior is tidy and a relatively blank canvas ready for you to put your own stamp on so call for a viewing today.

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This set of 4 flats is a fantastic opportunity for investors looking for a solid return on their investment with further potential for improvement. With a potential gross return of around 9 % accompanied with the chance to push this above 10% with improvements this property is sure to be a sound addition to any investment portfolio. One of the flats is a spacious 3-bedroom unit, while the other three are 2-bedroom flats. They all are in varying conditions with most being tidy and having had some redecoration in recent years. The property has a great history of long term tenants and currently three of the flats are occupied, while one is currently vacant but easy to tenant, providing the opportunity for immediate income and to reap the rewards. These flats are located in a desirable location, with easy access to local amenities. With a mix of 2- and 3-bedroom units, this property is well-suited to accommodate a variety of tenants. Don't miss out on this opportunity to add a valuable asset to your investment portfolio. Act fast to secure these flats and start earning a solid return on your investment.

By Negotiation

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