


Listing Description
YIELD = Investment gold or first home!
23A Otaika Road, Woodhill, Whangarei, Northland
Price by negotiation
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $540,000 |
| Parking | 2 open spaces |
| Agency reference | WHC35481 |
| Broadband in the area |
Description
Secure a high-yield asset or a versatile family sanctuary. Recently subdivided onto a 500sqm title, this property has been transformed from its origins into a high-capacity home.
The Configuration:
Main Residence (98sqm): A 4-bed, 2-bath home. Overhauled over the last 2 years with a new kitchen, plus new wiring, plumbing, and gas hot water.
The Sleepout (17sqm): A fully council-consented additional room. This is a versatile space perfect for housing the in-laws, a teenage retreat, or generating extra income.
Total Utility: 5 bedrooms, 3 bathrooms, and 2 covered decks.
The Versatility:
Proven Return: This property was previously returning $770 per week, highlighting its strength as a high-yield investment.
Strategic Location: Walking distance to the CBD; moments from the Hospital and North Tec.
Parking & Space: Features a new concrete driveway and parking area with additional parking in front of the sleepout also, all set within a fully fenced section for privacy and safety.
The Verdict: The heavy lifting is done-plumbing, electrical, and subdivision requirements are complete. Whether you are housing a large family or seeking a top-tier investment, this is a smart, 'future-proof' move.
Great location. Solid return. Call today to view.
http://www.rwwhangarei.co.nz/WHC35481
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