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We had a fairly substantial amount of Bartercard Trade Dollars to spend and wanted to use most of them in the property market, after some consideration we decided to purchase a property that would provide income - not just long-term capital gain.

- Nikki Barrett
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Raetihi - 3 Bedroom House Plus Adjacent Land


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RegionManawatu-Wanganui
Property TypeResidential
Asking Price $100,000
Trade Dollars $30,000
Cash Dollars $70,000
Price Notes
30% Trade
Sold Date30/06/2016
VendorKelly
07 576 2194
kelly@tutburyassociates.co.nz
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Conditions
 
Great Renter Near Ruapehu
 
Location:

 
Raetihi
Ruapehu
Manawatu / Wanganui
Rooms: 3 bedrooms, 1 bathroom
Property type: House
Floor area: 135m2
Land area: 1,518m2
Rateable value (RV): $94,000

 
This family home is located on a corner site in Raetihi township, close to town and just an 11 minute drive to Ohakune.

Two entrances, fully fenced that also includes neighbouring vacant section.

Features:
  • Three good sized bedrooms
  • Large separate lounge with fireplace
  • Kitchen
  • Separate toilet
  • Large laundry
  • Double garage
  • Currently tenanted at $180 per week (13.4% return on cash investment)
  • Located at 9 Ward Street
Listing includes neighbouring section (506m2) with RV of $28,000
 
Priced to sell immediately.



For more information please contact Kelly on 07 576 2194.

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Near new as has only been used a few times, the oven shower and toilet have never been used.

50% Trade
$155,000 at 97% Trade $250,000 at 20% trade $40,000
Information
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Cameron Owen

09 414 6837