An opportunity for investors and buyers looking for space, rental income and future potential. Currently tenanted by the same family for approximately eight years, providing an established weekly rental of $950 per week from day one.
This substantial five-bedroom, two-bathroom home sits on a freehold 610sqm section (approx) and offers split level living options, providing flexibility for larger families or tenants.
The property will require maintenance and ongoing investment over time, making this an opportunity best suited to buyers who understand the potential that comes with adding value.
Positioned in a convenient location close to local schools, shops and the hospital, the home sits within a street offering a mix of rental properties and owner-occupied homes.
The property can be viewed from the roadside and BY APPOINTMENT, with interested buyers encouraged to make their own enquiries and complete all necessary due diligence prior to bidding.
Mortgagee sale: A genuine opportunity for those looking for a substantial property with strong rental income and future potential. To be sold under Mortgagee terms and conditions.
Features
5 bedrooms
2 bathrooms
crop_free610 m² lot size
cottageHouse
Happy sellers in Whakatane
68%
sentiment_satisfied
68% of sellers in Whakatane reported that their sale price either exceeded or met their price expectations.
Whakatane stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 137 reviews in Whakatane over the last 12 months.
Local market activity for 5 bedroom houses in Whakatane
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