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4, 4a, 4b Margaret Street, Putaruru, South Waikato

Triple income stream – strong yield opportunity

dollar

Tender

House
Home & income
Bedroom
6
Bathroom
4
Floor area
241m2
Land area
1012m2
Title type
Freehold
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Property details

Listing # 2260121 | Listed on 23 February

An exceptional opportunity to secure three income streams on one title in a central Putaruru location.

The rear dwelling is a modern 2023-built Heartland home offering low-maintenance brick construction, three bedrooms and two bathrooms. At the front are two self-contained flats (one-bedroom and two-bedroom), creating diversified rental income or owner occupied options.

All dwellings are Healthy Homes compliant and currently tenanted by reliable occupants who would like to remain, providing immediate income from settlement.

For owner-occupiers, the options here are equally attractive – Live in one, while retaining rental income from the others to significantly offset mortgage repayments. This creates an ideal “home plus income” setup! Alternatively, the property is well suited to multi-generational living, offering the ability for extended family members to live independently while remaining close by — ideal for elderly parents, adult children, or shared family living arrangements.

Positioned within walking distance to local schooling, the supermarket and township amenities, this is a rare opportunity combining yield, flexibility and long-term portfolio strength.

Returning $67,080 per annum, this property represents an approximate 8% gross yield– a compelling proposition in today’s market.

Seldom does an opportunity of this scale and versatility come to the market in Putaruru!

(8% gross yield is based on current CV of $830,000 and does not allow for any outgoings)

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Additional features

Roofing: Steel/G-Iron, Colorsteel
Lot Features: Level

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