Property Profile
25a OLD KAIMAI ROAD - "Tui Ridge" SOLD FOR $615,000
Here is your chance to start your new life in the country at an affordable price and the opportunity for further development. All the hard work has been done with a 2 bedroom home which has been completely refurbished, and the bonus of bare land to build a new home and outbuildings to start your new life in the country.
The vendors reluctantly have to give up their Kaimai lifestyle dream to relocate outside the region. Reap the rewards from all their hard work and substantial investment of over $70,000 which provides a new owner with huge savings and opportunity which includes; • Geotechnical reports & preparation of proposed house site • Earthworks (cost of $25,000) • Architectural site plan for house and shed. Plans for proposed 140m2 Versatile 3 bed home with detached double garage • Concrete driveway - heavy truck capability (cost $35,000) • New fencing, landscaping and wastewater management
The existing dwelling is a charming and cosy two bedroom home which has been completely renovated including redecoration, new dishwasher and oven and has been fully insulated to meet new tenancy regulation standards. Currently rented at $380pw with tenants who would be keen to stay on if that was an option, this provides a solid investment. In an elevated position overlooking the rural surroundings you can enjoy expansive Kaimai views from the front porch.
Proposed boundary changes will increase the land size to 2,865m2 – settlement would be after amended title boundary changes, expected June 2020. Just the right amount of land for animals, outdoor living and gardens and easy to maintain. There are lots of options here - Live in the existing dwelling while you build your new home with the flexibility of extended family living, rental income or land bank for the future.
You have the best of both worlds being in a rural location with easy access to SH29 and surrounding areas and only 18km to Tauriko Crossing. For your lifestyle starter opportunity call Debbie on 021 810011 – at this price it won’t last!
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