[SOLD] Fantastic Starter with Extras and Upside

16 Mcmanaway Grove, Stokes Valley, Hutt City - $397,000

OPEN HOME: Sunday, 7th October, 12.00 - 12.30pm

Rarely do we see such an opportunity come to the market. This 3 bedroom home offers first home buyers and investors something to get excited about.


Highlights:

Property Features: 3 br / Off Street Parking

  • Price: $397,000
  • Gross Yield: Potential 5.1%
  • Capital Value: $335,000
  • Rent Appraisal: $370 - $395 p/w
    Written Appraisal available to potential purchasers
  • Annual Rates: $2,314
  • Estate Type: Freehold
  • Floor Area: 100m2
  • Land Area: 1,495m2

Are we close?

If this property is not quite what you are looking for, contact the agent today to discuss finding a property directly for you.

Additional Information

For the investor, the large 1,495m2 freehold section offers the potential to subdivide (subject to relevant Hutt City Council consents) while renting out the house, as there is separate access and most of the land is positioned below the existing house.

This fully insulated home will keep you toasty warm in the winter with heatpump and also a log burner. You even have your own source of firewood growing on the large section.

The vendor is even negotiable to leaving all the whiteware and furniture in the house if that makes it easier for you!

Features

  • Two double and one single bedrooms
  • Built in early 1990’s
  • Separate shower and bath
  • Separate toilet
  • Open plan living
  • Private outdoor spa
  • Woodburner
  • Heatpump
  • Home security system
  • Smoke alarms
  • Garden shed
  • Off street parking for 3 cars
  • Infinity hot water (gas bottles)
  • Furniture and white ware available as an extra
  • Fantastic views with your own pine trees!
  • 1,495m2 Section with potential for sub-division
  • Rates $2,319.56

LIM available

Viewing is strictly by appointment only, so contact me today to arrange a time.

Amenities

Close to public transport, schools and a park

QV Property Report 16 McManaway Grove Stokes Valley Lower Hutt 5019.pdf

Rates File 16 Mcmanaway Grove Stokes Valley.pdf

iFindProperty Peter Ambrose

Peter Ambrose
Licensed Salesperson - REAA 2008

peter@ifindproperty.co.nz
021 225 5753

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Agent Contact Details

iFindProperty Peter Ambrose

Peter Ambrose
Licensed Salesperson - REAA 2008

peter@ifindproperty.co.nz
021 225 5753

After 9 years of searching for a way to invest in an NZ rental property whilst in the middle east, I finally found iFindProperty. It was well worth waiting for. Not only have I now purchased my first rental property, I have gained an incredible amount of knowledge from working with a team of professional investors who have a lot more experience than myself to help me make informed and sensible decisions.

The entire team was there for me every step of the way, regardless of how many questions I asked! I feel like I have not only been introduced to an entire network of contacts, whom I hope to use going forward feel, but I have also gained friends..

Simon - expat Kiwi in Qatar

We decided to sell our much loved family home of 12 years so contacted someone whom helped us in the past, unfortunately he did not specialise in our current location and so we trusted his recommendation to Peter Ambrose.

I contacted Peter and we explained what we wanted after meeting and the rest was a blur as it happened so quickly. We found Peter friendly and easy to communicate with. His expertise was genuine and transparent, especially if there was something we needed clarified and unsure about. After first-hand experience we can now confidently and personally highly recommend Peter Ambrose and iFindProperty to others that need to go through what would normally be a stressful process of selling your property and home with ease and the least hassle.

Again, we express our thanks and much appreciation.

Ete and David

Searching for an investment property in NZ isn’t easy in a tight market and is even more difficult when you live overseas (even if it is just across the ditch!).

iFindProperty made it easy. Peter took the time find out what my requirements were and knows the local market and how it is changing. His great communication and extra help for an overseas buyer was amazing! I highly recommend Peter and the iFindProperty team as they make investing much more achievable and easier.