Add Value then Rent it out - Look at the Numbers!

$260,000

1 Porritt Street, Ruawai Northland 0530

Located in the heart of Ruawai, this cosy family home is walking distance from everything that matters – shops, schools, Ruawai Wharf and the Ruawai Stopbank Walking Cycling Trail. The home has provided a base for a fabulous childhood for plenty of very fortunate children over the years. If walls could talk they would tell many a happy story here. The dwelling was partly renovated in 2007 and also had a significant upgrade just recently. Now all that is needed is a new roof and some cosmetic improvements – most of the hard work has been done. The house has been re-wired, re-plumbed all the way out to the septic tank (which was emptied last year), it has gas hot water, insulation under-floor, in the ceiling and external walls, and a very nice electric oven with a gas hobb. A large insulated sleepout was conjoined by an extra porch to create a third bedroom (unconsented), the bathroom has been done up and there are two toilets. A lot of the exterior cladding has been replaced and a small roofed deck makes a comfy entertaining area out the front. A back deck has been partly constructed and the timber will be left for its new owner. The home was built in the 1950’s and under the carpet are beautiful native timber floors. The tiny-home in the backyard is not part of the sale but it does demonstrate the potential to accommodate extended family. The property is in the business area of Ruawai – the vendor comments that the neighbours here are great and it’s good to feel community around them. Ruawai is a small rural service town, popular with retirees and young families alike. There is good demand for rentals and an independent rental appraisal estimates $390-410 per week. If you are looking for exceptional value for money and an enviable lifestyle for the whole family then look no further, give me a call now.

1 Porritt Street, Ruawai Northland 0530

Located in the heart of Ruawai, this cosy family home is walking distance from everything that matters – shops, schools, Ruawai Wharf and the Ruawai Stopbank Walking Cycling Trail. The home has provided a base for a fabulous childhood for plenty of very fortunate children over the years. If walls could talk they would tell many a happy story here. The dwelling was partly renovated in 2007 and also had a significant upgrade just recently. Now all that is needed is a new roof and some cosmetic improvements – most of the hard work has been done. The house has been re-wired, re-plumbed all the way out to the septic tank (which was emptied last year), it has gas hot water, insulation under-floor, in the ceiling and external walls, and a very nice electric oven with a gas hobb. A large insulated sleepout was conjoined by an extra porch to create a third bedroom (unconsented), the bathroom has been done up and there are two toilets. A lot of the exterior cladding has been replaced and a small roofed deck makes a comfy entertaining area out the front. A back deck has been partly constructed and the timber will be left for its new owner. The home was built in the 1950’s and under the carpet are beautiful native timber floors. The tiny-home in the backyard is not part of the sale but it does demonstrate the potential to accommodate extended family. The property is in the business area of Ruawai – the vendor comments that the neighbours here are great and it’s good to feel community around them. Ruawai is a small rural service town, popular with retirees and young families alike. There is good demand for rentals and an independent rental appraisal estimates $390-410 per week. If you are looking for exceptional value for money and an enviable lifestyle for the whole family then look no further, give me a call now.
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