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These two 3 bedroom house on a 687m2 section in Mangaore Village was for sale on Trademe enquiries over $230,000 (rateable value of $294,000).

It was described:

  • Two solid native timber 3 bedroom houses sharing a double car garage sitting on 3 titles.
  • 1950 cream house floor area is 100 sq m2, section size is 774 m2, 1940 purple house is 102 m2 floor size, section size is 687 m2.
  • Located in a little village settlement at the foot of the Tararua ranges. Just minutes from the nearest shops, service station and 30 minutes to the nearest city. these homes would make an excellent rental investment opportunity or maybe perfect for someone who just wants to get away to a secluded spot. One of the properties is currently tenanted and the other is vacant.
  • Rateable value is $145000 each house, rates are HDC p/a $662 each, Horizons p/a $143. total RV $294000

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Date
2011

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