4 Margaret Road

It’s Ready Now - Home & Income

Changing lifestyles and rising property values are encouraging buyers to think differently about home ownership - and this outstanding property presents one of the most versatile opportunities currently available in Tauranga.

Fully consented as a Home & Income this exceptional property offers an increasingly popular solution for extended families, parents and adult children purchasing together, friends co-owning, or buyers seeking to off-set mortgage costs through additional income. With some lenders now supporting joint purchasing initiatives, this is an opportunity well worth considering.

The upstairs 4-bedroom home (or 3 and an office) has a rental appraisal of $680 to $700/week, and the downstairs 2-bedroom immaculate unit has an appraisal of $520 to $550/week, equating to potential income of between $1,200 to $1,250 weekly.

Features include a large inground swimming pool; double glazing throughout both the upper and lower levels; materials for a double carport to be re-instated; an internal access double garage plus masses of off-street parking for all manner of vehicles; the home has been re-roofed, rewired, replumbed and is well insulated.

Conveniently located close to schools, shops, parks and playgrounds.

Rates: $ 5,792.28

Land: Undivided half share of 1,702m² (cross lease)

Floor Area: 269 m²

Age: Originally Built in 1968 - extensively renovated in 1973

CV: $980,000 LV: $630,000 IV: $350,000

For the Property Information Pack email tanya@tdrealty.co.nz

Please attend the pre-scheduled viewings on Saturdays from 12 noon to 12.30pm. Thank you.