Designed for investors seeking long-term certainty, 17D Meeanee Road presents a compelling, hands-off opportunity with a Housing New Zealand lease in place through to April 2030, delivering a stable and reliable income stream with no tenant-finding worries.
Built in 2010 with durability and ease of ownership front of mind, this well-maintained townhouse features a low-maintenance brick exterior and double glazing throughout for year-round comfort and energy efficiency. The smart, functional layout includes two double bedrooms with built-in wardrobes, a well-appointed bathroom, and an open-plan kitchen, dining, and living area that continues to meet tenant demand.
Additional benefits include air conditioning, an internal single garage, off-street parking, and easy-care outdoor areas, making this a truly straightforward investment. As a social housing lease, investors may also claim mortgage interest as an expense, further enhancing returns.
Strategically positioned in the heart of Taradale, the location offers excellent access to shops, schools, public transport, and convenient routes toward both Napier and Hastings, supporting ongoing desirability and long-term demand. Compact yet comfortable, everything Taradale has to offer is just footsteps walk away.
Importantly, Housing New Zealand has confirmed that upon lease completion in 2030, and once the tenant has vacated, the property will be renovated back to its original standard-a valuable future upside for the owner.
With a proven long-term rental history, lease renewal options, and built-in future value, this is a standout addition to any investment portfolio. Secure your future with confidence and consistency in one of Taradale's most appealing investment offerings.
Call Tania or Toni for more Information.
Deadline sale closes 2:00pm, Thursday 12 February 2026 at Harcourts, 207 Gloucester Street, Taradale (unless sold prior).