38 Vogel Street, Hawera, South Taranaki

First home gem or investment opportunity

Positioned close to the heart of town (2km), this 1912-character cottage offers more than just a first home. It presents a smart investment and ongoing opportunity. Set on a generous 1,012sqm (more or less) section, the real value here lies in the land, with ample room for future development. In the meantime, you can enjoy the home while land banking a solid rental return, with the current home estimated to achieve $480 to $500 per week.

The 110sqm cottage has been thoughtfully renovated with the big-ticket items already taken care of, including a modern roof, new kitchen, laundry, and bathroom. Inside you'll find three well-sized bedrooms, each with wardrobes, while the stylish kitchen features a dishwasher, rangehood, gas hob, wall oven and a walk- in pantry.

This property offers the perfect blend of character and practicality all at a price point designed to sell, offers over $399,000.

Whether you're looking to invest, develop or simply secure a well-located home with future upside, Vogel Street is an opportunity you don't want to miss.