Listing Description
Solid Investment in Sought After Papamoa
16B Doncaster Drive, Papamoa, Tauranga, Bay Of Plenty
Asking price $599,000
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $565,000 |
| Agency reference | EMT19724 |
| Broadband in the area |
Description
Secure immediate returns with this low maintenance freehold property in the heart of Papamoa. Currently tenanted at $525 per week on a fixed term lease until November 2025, this 383sqm (approx.) site presents a smart addition to any investment portfolio.
Tucked away from the road for added privacy, the home features open plan living, a sun drenched private yard, and multiple outdoor entertaining areas framed by fruit trees and easy care gardens. The generous kitchen with gas cooking enhances tenant appeal, while the off street parking and space for a boat offer added convenience.
This well positioned property is just minutes from local amenities, schools, and Papamoa Beach ensuring strong rental demand and future capital gain. There’s scope to add value through minor upgrades or extension, making it not just a stable earner now, but a growth opportunity for the future.
Don’t miss this chance to invest in one of the Bay of Plenty’s fastest growing suburbs.
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Property Files
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Miranda Horan
Agent's details
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EVES Mt Maunganui, (Licensed: REAA 2008)
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