


Listing Description
Numbers That Make Sense
5/18 Ashley Place, Papamoa Beach, Tauranga, Bay Of Plenty
Asking price $629,000
Details
| Attribute | Value |
|---|---|
| Property type | Townhouse |
| Capital value (CV) | $640,000 |
| Parking | 1 car garaging |
| Agency reference | EMT20847 |
| Broadband in the area |
Description
Tucked within The Kohu Quarter, this freehold, 2017 built townhouse delivers the kind of performance investors love - strong returns, minimal upkeep and a reliable long term tenant who's keen to stay on. Modern, low maintenance and Healthy Homes compliant, it's a straightforward, set and forget option in a Papamoa location where rental demand remains consistently high.
North facing and double glazed, the home feels warm and welcoming, with light filled open plan living that opens to a sunny deck overlooking the communal green. The three level layout provides flexibility for flatmates or extended family, ensuring broad tenant appeal and steady occupancy. It's the kind of home people settle into, and the length of the current tenancy speaks for itself.
Positioned in a secure gated community bordering tranquil waterways, the location speaks for itself. Schools, State Highway 2 access and expanding amenities are all close by, enhancing long term appeal for renters and underpinning steady performance for owners. With minimal upkeep and premium rental demand, this is a smart choice for investors seeking strong, reliable returns without the stress.
Opportunities with this level of certainty don't come up often - the figures make sense and the smart money will move quickly.
Open home times
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