Price reduced – Enquiries over $399,000 (January 2024 registered valuation of $404,000 available to serious buyers)

In a secluded position at the end of a cul-de-sac, this solid 1950s Rimu clad family home on an 862m2 freehold section has been freshly refurbished (brand new carpet in bedrooms, professionally sanded and double varnished floor) so you can move in and enjoy. Ideal as a first home or rental investment close to local amenities being only 3.5km from the Whangarei town centre with a bus stop, direct to the CBD, only 5 minutes walk away and with schools and sports fields close by.

The 90.4sqm dwelling comprises of 3 bedrooms, 1 bathroom, a kitchen plus an open plan lounge/dining room with French doors opening to the sheltered, concreted 28sqm outdoor living area. There also is a separate laundry with tub, washing machine and indoor drying area accessible through the back door.

At the end of the concrete driveway is a garage with attached, closed-in, spacious lean-to offering options for a workshop, storage or even a second garage. The property is fully fenced with 1.8m brand new professionally constructed paling fence on the 2 side boundary fences and a painted corrugated iron fence on the back boundary for the back yard. Furthermore, there is a pool fence creating a safe space/dog run/kids grass play area in the back of the section. A matching custom-made entrance gate adds privacy and security.

For investors:

Consistently rented over 15 years of ownership with no significant gaps between the 4 tenants during this period. “Healthy Homes” compliant and receipts/certificates can be provided. Re-roofed approx. 5 years ago. A registered valuer who inspected the property delivered a rental appraisal between $540 - $590 per week in May 2023, partly attributing the appraisal to the good quality of the property. Currently vacant and there is a strong demand for quality 3-bedroom properties in this area.

For first home buyers:

• Even with a low deposit, mortgage payments might see you better off given the rising rents
• Proximity to the CBD vicinity saves on petrol and gives job opportunities
• Large freehold section creates options and preserves value
• Easy view of backyard and front lawn from the kitchen to keep an eye on the children/pets
• The home comes with built-in wardrobes, built-in shelving, fridge-freezer, tub, washing machine and outdoor furniture as shown in the photos