This spacious, luxurious, 9-bedroom home recently underwent an extensive renovation including:
• New kitchen
• 3 New Bathrooms
• Fresh Paint Job
• New Carpet/ Vinyl
• Double Glazing
Spread over two stories and located on the city fringes, it contains 9 good-sized bedrooms, a sunny, spacious open plan kitchen/ living area, 3 bathrooms, a covered balcony and a patio out back, along with 3 car parks. The section is very low maintenance.
A resource consent has just been granted, a building report was signed off in April 2025 and it has also been signed off as healthy homes compliant. There is absolutely nothing that needs to be done and there are no red flags. It shouldn't be this easy to make money.
The property offers great cashflow at a high return. Since the renovation the property has been rented as follows:
2024 - $1530 per week
2025 - $1575 per week
2026 - $1710 per week
The vendor is motivated to sell, which is why the house is listed below market, offering a return that is unheard of for a renovated property like this.
So to summarize:
Renovated Property
Fully Consented
Signed off Building Report
Healthy Homes Compliant
Solid Rent History
High Yield
Great Cashflow
This isn't a 'too good to be true' scenario. There is no catch. Just don't let someone else get it before you.
Link to 3D Tour - https://my.matterport.com/show/?m=jKsVEmyH7py
