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12 Ngatai Street

Taumarunui Manawatu-Wanganui

2
1
1
112 m²
660 m²
House
Currently for sale - view listing

Overview

Rented Investment - Opportunity To Increase Yield

Currently rented $420pw with happy tenants that would like to stay on with a new owner. Step into character and opportunity with this 1930s built home set on a generous 660sm freehold section. Currently configured as a two bedroom residence, the layout offers surprising flexibility. One of the bedrooms is exceptionally spacious, large enough to be split into two rooms, instantly transforming the property into a three bedroom home and unlocking extra value for families or investors. Inside, the home spans 112sm, providing comfortable living spaces with plenty of scope to add your own touches. The solid bones and classic design of the era make it a fantastic canvas for renovation or modernisation, while still retaining its timeless charm. Outdoors, the property really shines for those who love space and self sufficiency. At the rear, you will find a glasshouse perfect for year round growing, plus a garden shed with a concrete floor, ideal for storage, hobbies, or potting projects. The flat section offers room for children, pets, or further landscaping, making it a versatile lifestyle choice. Located in a central Taumarunui street, you are close to local schools, shops, and amenities, while still enjoying the peace of a residential neighbourhood. With the median sale price in Taumarunui sitting higher than this property's value range, 12 Ngatai Street represents an affordable entry point with strong potential for capital growth.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
112 m² floor area
660 m² lot size
House

Property history for 12 Ngatai Street

2023
Sold
$200,000
01 Feb 2023 by Mel Clay, of Property Brokers Taumarunui

Happy sellers in Taumarunui

77%
77% of sellers in Taumarunui reported that their sale price either exceeded or met their price expectations.

Taumarunui stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 39 reviews in Taumarunui over the last 12 months.

Local market activity for 2 bedroom houses in Taumarunui

In the last 12 months, 1 two-bedroom house similar to 12 Ngatai Street, have been sold.

This represents a 50% increase in two-bedroom houses sales when compared to the previous 12 months.

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