Sold Property

114 Raumanga Valley Road, Raumanga, NZ 0110

  • 6
  • 3
  • 3
  • 2
  • 1
  • 3

$970,000

Standout Investment Opportunity On Separate Titles

Location: 2.5 km from Whangarei City Centre, New Zealand
Property Type: 3-Unit Residential Complex
Bedrooms per Unit: 2
Status: Two Rear Units Undergoing Healthy Homes Upgrades
CV Combined: $1,145,000

Here we have a standout investment opportunity. This 3-unit complex offers both a prime location and significant growth potential. The layout of the complex ensures privacy for each unit.

Unit 1:
• Requires an upgrade internally, two bedrooms, weatherboard with single carport.
• Current rent can be increased on 30/05/25

Unit 2:
• Split-level tidy two-bedroom brick-and-block unit with oversized single garage.
• Current rent can be increased on 25/11/24

Unit 3:
• Two-bedroom brick unit with oversized single garage/workshop.
• Current rent can be increased on 11/11/24

Prime Location:
• Just 2.5 km from Whangarei City Centre, this property benefits from proximity to shops, schools,
and transportation.
• Set against the Raumanga Scenic Reserve, these units offer tenants a peaceful living environment with easy access to the reserve and shared path.

Current Upgrades:
• Units 114/2 and 114/3 are currently undergoing upgrades to meet Healthy Homes Standards. These upgrades will ensure compliance with current regulations.
• Unit 114/1 will need upgrades done to meet the Healthy Home Standards.

Whether you want to expand your property portfolio or invest in a well-positioned asset with future growth potential, this property is a standout choice. Property ID: #L30523976

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Sold Date

  • 11 November, 2024

Property features

  • Chattels: Curtains, Fixed Floor Coverings, Heat Pump, Light Fittings, Stove
  • Other Rooms: Living Rooms
  • Heating: Heat Pump

License Details: Licensed under REAA 2008

Office

Harcourts Whangarei

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 6
  • 3
  • 3
  • 2
  • 1
  • 3

Sold Property

114 Raumanga Valley Road, Raumanga, NZ 0110

$970,000

Standout Investment Opportunity On Separate Titles

Location: 2.5 km from Whangarei City Centre, New Zealand
Property Type: 3-Unit Residential Complex
Bedrooms per Unit: 2
Status: Two Rear Units Undergoing Healthy Homes Upgrades
CV Combined: $1,145,000

Here we have a standout investment opportunity. This 3-unit complex offers both a prime location and significant growth potential. The layout of the complex ensures privacy for each unit.

Unit 1:
• Requires an upgrade internally, two bedrooms, weatherboard with single carport.
• Current rent can be increased on 30/05/25

Unit 2:
• Split-level tidy two-bedroom brick-and-block unit with oversized single garage.
• Current rent can be increased on 25/11/24

Unit 3:
• Two-bedroom brick unit with oversized single garage/workshop.
• Current rent can be increased on 11/11/24

Prime Location:
• Just 2.5 km from Whangarei City Centre, this property benefits from proximity to shops, schools,
and transportation.
• Set against the Raumanga Scenic Reserve, these units offer tenants a peaceful living environment with easy access to the reserve and shared path.

Current Upgrades:
• Units 114/2 and 114/3 are currently undergoing upgrades to meet Healthy Homes Standards. These upgrades will ensure compliance with current regulations.
• Unit 114/1 will need upgrades done to meet the Healthy Home Standards.

Whether you want to expand your property portfolio or invest in a well-positioned asset with future growth potential, this property is a standout choice. Property ID: #L30523976

Property Features

  • Chattels: Curtains, Fixed Floor Coverings, Heat Pump, Light Fittings, Stove
  • Other Rooms: Living Rooms
  • Heating: Heat Pump

Sold Date

  • 11 November, 2024

Aiden Sade Harcourts Whangarei

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License Details: Licensed under REAA 2008

Harcourts Whangarei

Office Harcourts Whangarei Licensed under REAA 2008

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