Sold

193 Kiripaka Road,
Tikipunga, Whangarei District

3 bedrooms
1 bathroom
1,265m² land size
90m² building size
House

NZD 525,000


Property details

Surplus to Requirements - Must Be Sold!

1,200 sqm; Flat Section - Massive Upside Potential

Rental Appraisal: $580 - $630 per week

The seller's instructions are crystal clear: This property is surplus to requirements and will be sold. Investors, syndicates, and cash-flow buyers - this is your invitation to bring all offers and tell us what price makes the numbers work for your portfolio.

The Investment Case: Strong Holding Income: Appraised at $580-$630 per week, offering a competitive ~ 5.4%-5.8% gross yield at the $560,000 mark. Or make the numbers work for you.

High-Demand Outbuildings: Features an extra-long, drive-through tandem garage plus a separate fitted workshop/shed - a major drawcard for tenants needing serious storage or workspace.

Spacious Layout: Open-plan living with soaring high ceilings and indoor/outdoor flow to covered outdoor spaces.

The Real Value: 1,200 sqm + Flat Canvas
Rare, sprawling flat section offering substantial land area in a central pocket.

Ample space to add value or explore secondary revenue streams-add a granny flat, minor dwelling, or tiny home to significantly lift your total return (subject to council due diligence).

A strategic landbank opportunity with scale on your side.

Location & Convenience: Walking distance to local supermarkets, pharmacy, medical centre, and schools.

Just ~6km to Whangarei CBD and on the gateway to the Tutukaka Coast.

The owner is not testing the market- Bring your numbers, bring your terms, and present your offer today.

Surplus to Requirements - Bring All Offers!

The vendor has issued clear instructions to sell. We are inviting all active buyers to submit their offers and name their price.

www.rwwhangarei.co.nz/WHC39382

Explore the area


School catchments

  • Tikipunga Primary School Primary Years 1-6 State 0.26km
  • TKKM o Te Rawhiti Roa Composite Years 1-15 State 0.87km
  • Totara Grove School Primary Years 1-6 State 1.2km
  • Te Kura O Otangarei Full primary Years 1-8 State 1.3km
  • Te Kamo Intermediate School Intermediate Years 7-8 State 2.0km

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.


Back to top