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House

12 Queen Street Ngaruawahia 3720, Waikato District

Sold on 7 Mar 2016
  • 4 Beds
  • 1 Bath
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House in Ngaruawahia

Investors - In Fill Housing Opportunity!

  • 4 Beds
  • 1 Bath

This large 1031m² section has the potential to be sub-divided into two properties or left as one.
The bonus is the large four bedroom brick house that is located at the rear of the site. The house can be furbished and sold separately or rented out for $300-$350 per week as is. An excellent development opportunity for the astute investor. Buy, sub-divide and cash-up.

Either subdivide and build a house there or keep as one site and place a minor dwelling at front of site. Estimate from Keith Hay Homes of $162,380 (includes GST at 15%) for 70m² dwelling delivered to site. Rental appraisal of $240-$260 per week for minor dwelling. Total rental appraisal of $540-$610 per week for both properties. Let Ray White Property Management obtain and manage the tenants making this an easy and stress free investment!
May be purchased separately or in conjunction with 16 Queen Street located right next door.

Call Kevin Benge now on 021 066 6972 for further details.

Features:
  • Electric Hot Water
  • Kent Style Fireplace
  • Standard Kitchen
  • Combined Lounge/Dining
  • Ceilings: Softwood
  • Insulation: Ceiling
  • Joinery: Wooden
  • Good Interior Condition
  • Single Garage
  • Brick Base
  • Partially Fenced
  • Iron Roof
  • Brick Exterior
  • Good Exterior Condition
  • Two Storey
  • Sloping Section Contour
  • Northerly Aspect
  • Bush Views
  • City Sewage
  • Town Water
  • Right of Way Frontage
  • Above Ground Level
  • Public Transport Nearby
  • Shops Nearby
  • Close To Schools
  • Close To Shops
  • Close To Transport

See all features

Chattels:
  • Curtains
  • Drapes
  • F/Floor Cover
  • Light Fittings
  • Stove
Building:

104m²

Land:

1,031m² / 0.25 acres

Bedrooms:

4

Bathrooms:

1

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