Mahere Papa
Ripe for some renovation and landscaping improvement and an excellent capital gains tax-free investment opportunity on 1663m2 with two separate titles.
This rare offering presents a modest, 3-bedroom, 125m2 , late 1970?s era, brick veneer residence, plus a second detached, 2-bedroom, 53m2, self-contained cottage on one title of 833m2, and an adjoining 830m2 second title that in the future could be sold off and where no capital gains tax would apply, and meanwhile would provide great space for the kids to play on.
The second cottage would be ideal as separate accommodation for a family member, or could be an income-producing rental, or would be perfect for use as a home office/home business premises.
Vendor is keen to sell and will negotiate for a quick sale.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.41 km | 3 | 2 | -m2 | 2025 01 15 | - | Council approved | |
 | 0.39 km | 4 | 3 | -m2 | 2024 12 05 | - | Council approved | |
 | 0.22 km | 3 | 1 | -m2 | 2024 10 25 | $575,000 | Council approved | |
 | 0.19 km | 3 | 2 | -m2 | 2024 10 09 | $1,050,000 | Council approved | |
 | 0.22 km | 2 | 1 | -m2 | 2024 08 15 | $570,000 | Council approved |