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Two Units, One Title, Solid Returns63654837554051110
Two Units, One Title, Solid Returns63654837554051111
Two Units, One Title, Solid Returns63654837554051112
Two Units, One Title, Solid Returns63654837554051113
Two Units, One Title, Solid Returns63654837554051114
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NZ$410,000
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Two Units, One Title, Solid Returns

4 beds·2 baths·140.0 sqft
address10 New Road, Taumarunui 3920, New Zealand

Description

This versatile property offers two tidy two-bedroom units on a generous 1,348m² section, an ideal setup for investors seeking immediate returns with long-term upside. Each unit is self-contained, with its own carport, heat pump, and partially fenced yard, making them attractive to tenants seeking comfort, privacy, and space. Timber floors, classic mantels, and functional kitchens add charm, while the layout supports easy living for singles, couples, or small families. With both units Healthy Home compliant and currently configured for independent rental, investors can enjoy dual income from day one. But the real value lies in the options. Subject to council consent, the property could be reconfigured into a spacious four to five bedroom, two-bathroom home, appealing to owner-occupiers or larger family tenants. Alternatively, the expansive land size opens doors to future development, landscaping, or value-adding improvements. Located in Taumarunui, a town increasingly recognised for its affordability and lifestyle appeal, this property sits close to schools, shops, and services. The Whanganui River, local cafes, and sports facilities enhance tenant desirability, while proximity to the Central Plateau offers weekend access to skiing, hiking, and outdoor recreation. With strong rental demand, generous land, and multiple pathways for growth, this is a smart acquisition for investors seeking both yield and potential. Opportunities like this are rare at this level in Taumarunui. Contact Nicoleen Wessels to arrange a viewing.

Source:  trademe View original post

Location
10 New Road, Taumarunui 3920, New Zealand
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