Appraised at $500 per week, this property offers a rare combination of premium rental returns and zero-maintenance peace of mind. Forget the typical "fixer-upper" risks; this villa has been transformed from the floor to the ceiling, featuring new tanalised framing, full rewiring, full replumbing, and complete insulation in all walls and ceilings.

This is a "set and forget" asset designed for a discerning modern tenant. With three generous double bedrooms, double glazing throughout, and fibre internet already connected, it meets and exceeds Healthy Homes standards. The high-end kitchen features durable, scratch-resistant flooring and a social island bench, while the oversized luxury bathroom with twin basins sets this rental apart from anything else in the local market.

The value extends to the massive 1,012sqm section. With a private gravel driveway and turn-around area already in place, there is significant "land bank" potential. The site offers ample footprint to add further value through a secondary dwelling, massive workshop, or garaging.

At a 6.2% gross yield based on the asking price, you are securing a character home with the reliability of a new build. The heavy lifting is done, the tenant appeal is high, and houses in the region continue to grow in value. Contact us today to secure a high-performing addition to your portfolio.

Please note: Land and Floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e Regional/City councils, Propertysmarts/REINZ/Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.