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EVES The Lakes, (Licensed: REAA 2008)
Daniel Watts Daniel Watts

29B Merivale Road, Parkvale

Asking price $799,000

Listing Description

Listed: Fri, 6 Mar

Returning (approx.) 6.1% — A Smart Investment

29B Merivale Road, Parkvale, Tauranga, Bay Of Plenty

Details

  •   5 Beds
  •   2 Baths
  •   2 Living areas
  •   229m² Floor
  •   376m² Land
Other Features
  •   2 Garage parking
AttributeValue
Property type
House
Capital value (CV)
$835,000
Parking
2 car garaging
Agency reference
ETL21313
Broadband in the areaFibre, ADSL, Satellite, VDSL, Wireless

Description

Absolutely perfect for investors or large families, this one could be your next smart move. Tucked away in Merivale and set back from the road, this five bedroom, two bathroom home offers flexibility and strong rental appeal. Until recently the property was returning $950 per week for the home as a whole. Please note 6.1% gross return is based off $950 per week and a purchase price of 799K.

Spread across two levels, the layout provides two distinct living zones, creating options for extended family living or households wanting extra space. The lower level includes a kitchenette area without an oven meaning the design lends itself well to shared living arrangements or households wishing to accommodate boarders.

Upstairs:

  • Three well-proportioned bedrooms positioned for comfortable living
  • Family bathroom complete with shower, vanity and toilet
  • Light-filled open plan living space designed for everyday ease
  • Seamless flow to the balcony deck capturing leafy green outlooks
  • Generous kitchen offering excellent bench space and practical storage

Downstairs:

  • Two spacious bedrooms providing flexibility for occupants or guests
  • Comfortable living area creating its own separate retreat
  • Kitchenette featuring sink, rangehood and space for a fridge and microwave
  • Bathroom fitted with shower, vanity and toilet for added convenience

Adding further practicality are two separate single garages — one servicing each level — allowing the spaces to remain independent if desired.

Set on an easy-care site close to shops, main routes, and zoned for local schools, this is a property that offers flexibility for investors or families needing room to spread out.


Open home times

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Property Files

Daniel Watts

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Request the files from Daniel.




Local Schools




While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.



EVES The Lakes, (Licensed: REAA 2008)
Daniel Watts

Daniel Watts


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Agent's details

Daniel Watts
Adam Grierson

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EVES The Lakes, (Licensed: REAA 2008)

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