Whakatane, Murupara 15 Oregon Drive
Negotiation
Great Returns with Potential
This 1950s three bedroom 100m2 approx. weatherboard property sits on a freehold 629m2 approx. (more or less) level site. The generous back yard provides plenty of space for family living.
Currently tenanted at $260pw (they’d love to stay) the current rent appraisal is $280-$300pw.
The property is insulated under the floor, has an extractor fan in the bathroom, and a heat pump for convenient heating and cooling. The vaulted ceilings exempt the property from ceiling insulation. A Healthy Homes inspection has been carried out, and the property is just waiting on kitchen extraction to obtain it’s Healthy Homes Certificate. This is scheduled to be carried out on 29 July 2025.
The rateable value is $180,000, and total rates are $3,379.05 (local and regional combined)
The property would benefit from a repaint on the exterior. Is this a project you’d like to take on? Give me a call, Fiona Marshall on 0276773646.
Property ID:
ERT20446
Legal Description:
LOT 135, DPS 4889
Year Built*:
1950
Exterior Construction:
Weatherboard - Timber
Roof:
Corrugated Iron
Joinery:
Aluminium, Timber
Land Area:
629 square metres (approx)
House Area*:
100 square metres (approx)
Bedrooms:
3
Garaging:
Single
Chattels:
Curtains, Light Fittings, Heat pump(s), Electric Free-standing Stove, Hob - Electric
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.
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