A proven performer with reliable income from day one - this is the kind of opportunity investors look for.
Located directly opposite Otangarei School and local shops, this three-bedroom, one-bathroom home is currently tenanted by a long-term occupant of over eight years who is open to staying on. A recent rental appraisal indicates up to $500 per week, providing immediate cashflow with scope to increase in the future.
Positioned on a 670sqm freehold section with off-street parking, the property is functional as-is, yet presents clear upside. The interior features three well-sized bedrooms, a separate bathroom and toilet, and plenty of room to modernise and add value through cosmetic updates.
Whether you're expanding your portfolio or entering the market with a high-yield rental, this is an opportunity not to overlook. Long-term holding potential, steady demand, and affordability make this a standout in its category.
To be sold by Auction - 17th June 2025 (unless sold prior).
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