Home or Investment, the Choice is Yours

Listed 17 May
12 Karaka Street, Merrilands, New Plymouth, Taranaki
Enquiries over $549,000
Details


Home or Investment, the Choice is Yours
12 Karaka Street is a classic 1950s weatherboard home that offers a solid build with thoughtful updates throughout.
Inside, you will find three generous bedrooms, a modern kitchen, and an updated bathroom. The layout is practical and comfortable, making it well suited to families, professionals, or investors.
The front deck provides a great space for outdoor living and entertaining, while the fully fenced section offers privacy and security for kids and pets. Positioned at the front of a cross-lease site, the home has its own exclusive use area, giving you clearly defined outdoor space.
The location is a strong point, only a short walk to Merrilands School, Sacred Heart Girls' College, and New Plymouth Girls' High School. Local shops, a dairy, bakery, and Merrilands Shopping Centre are all nearby, with an easy commute into the CBD.
Healthy Homes features are in place, including ceiling and underfloor insulation, full double glazing, and a Coloursteel roof installed within the past 10 years.
Currently tenanted at $600 per week on a fixed-term until August, with tenants keen to stay on, offering an immediate return for investors.
Please respect the tenants' privacy. Viewings are strictly at scheduled open homes or by appointment.

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Property insights
Past sales & timeline
$540,000
$520,000
$410,000
$355,000
$290,000
$282,000
$230,000
$245,000
$260,000
$144,000
$110,000
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