Offered for sale by Court Order under the provisions of the Local Government (Rating) Act 2002, conducted by the Registrar of the High Court of New Zealand at Tauranga.
This two-bedroom home offers an excellent opportunity for first-home buyers, investors, or those looking to expand their property portfolio.
Positioned on a generous 1,012sqm (more or less) section in the settlement of Frasertown, approximately 9km from Wairoa, the property presents plenty of potential for those seeking an affordable home or investment.
Whether you're looking to take your first step onto the property ladder or secure a potential rental investment, this property deserves your attention.
Property Details:
Fee Simple Title
Rateable Value (RV): $148,000 (1 August 2024)
Land Area: 1,012 sqm (more or less)
Zoning: Residential Zone D
Sale Details:
To be sold by Tender (will not be sold prior)
Date: Wed, 26 Aug 2026
Time: 2pm
Venue: Bayleys, 243 Broadway Avenue, Palmerston North
Important Information:
The property is being sold without vendor warranties.
Property information is sourced from REINZ.
Buyers are advised to complete their own due diligence prior to tender.
No chattels are included in the sale.
A sale will be sought on tender day. Opportunities of this nature are rare, contact us today for further information or to register your interest.
Features
2 bedrooms
1 bathroom
80 m² floor area
crop_free1012 m² lot size
cottageHouse
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