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2 Kokopu Block Road,
Maungatapere, Whangarei District

5 bedrooms
2 bathrooms
5 car spaces
3,631m² land size
182m² building size
House

NZD 810,000

Property details

Chattels

  • Stove
  • Rangehood
  • Light Fittings
  • Floor Covers
  • Blinds
  • Curtains
  • Garden Shed

Unlock the Potential - A Dual Dwelling Opportunity

Discover the untapped potential of this unique property nestled in the highly sought-after suburb of Maungatapere. With two separate dwellings, this property promises a remarkable "home and income" opportunity that allows you to maximise your investment potential.

The first dwelling is a charming three-bedroom bungalow, rich in history and character. Previously tenanted, it has consistently delivered a substantial yield. Whether you choose to make it your primary residence or continue renting it out, this cosy home provides a comfortable and inviting living space.

Adjacent to the bungalow, you'll find a two-bedroom home with a separate single garage. Like its counterpart, this dwelling has been a reliable source of rental income, adding to the financial appeal of this property. It's perfect for accommodating tenants or, with some TLC, could be transformed into a haven for a new owner.

The unique feature of this property is the ability to choose how you want to leverage its potential. Live in one of the dwellings while renting out the other. Alternatively, you could opt to live in one and renovate or upgrade the other, increasing its value and market appeal. The choice is yours, and the possibilities are endless.

With a vision and some renovation work, you can breathe new life into these homes, making them even more appealing to future tenants or increasing their resale value.

The suburb's popularity and proximity to amenities make it an attractive choice for renters, guaranteeing a steady stream of potential occupants.

The property offers privacy, with the two dwellings positioned to ensure maximum comfort and independence. There's ample parking space for residents and guests, making daily life hassle-free.

Don't miss out on your chance to shape this property into your dream home and income source.

Explore the area

Static map image for property View in Google Maps

School catchments

  • Maungatapere School Full primary Years 1-8 State 1.1km
  • Maunu School Primary Years 1-6 State 5.4km
  • Poroti School Full primary Years 1-8 State 6.7km
  • Kokopu School Full primary Years 1-8 State 8.0km
  • Manaia View School Full primary Years 1-8 State 8.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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