4 Mihipeka Grove, Turangi, Taupo, Waikato

Nestled in the heart of Turangi township, this exceptional triple income property offers a unique investment opportunity amidst the serene beauty of NZ’s central North Island. Turangi, renowned for its proximity to the world-famous Tongariro National Park and the pristine waters of Lake Taupo, attracts outdoor enthusiasts year-round.

The property itself boasts three distinct units, ensuring a steady rental income. Its prime location provides easy access to local shops, cafes, and recreational activities, making it an ideal choice for tenants seeking both convenience and natural splendour.

Whether for living, AirBnB or long-term rental investment or holiday accommodation this property is a gem in Turangi’s vibrant landscape.

UNIT A & B HEALTHY HOMES CERTIFIED!!

UNIT A (60sqm): Rented 15yrs. Tenant never missed payment, keen to stay. 2 Bedroom, 1 Bathroom - Double Glazing throughout (excludes French Doors)

Original kitchen with multiple wall cupboards and overhead stove xpelair. Lounge includes heat pump, French doors opening onto veranda and fully fenced lawn. Bathroom incl. bath/shower, mirrored wall cabinet, extraction fan & separate toilet. Master Bedroom includes double wardrobe with multiple storage cupboards. 2nd bedroom has large wardrobe & good storage. Hallway includes fire alarm, 2 utility cupboards, hot water cylinder & airing cupboard, Stainless Steel H/W Cylinder replaced June 2016. Underfloor insulation is black EXPOL(highest rated). Roof cavity is RockWool. Off street paved parking + single garage option.

UNIT B (60sqm): Renovated – Estimated Rent $400-$450/wk 2 Bedroom, 1 Bathroom - Double Glazing throughout (excludes French Doors)

Renovated kitchen with pantry & multiple wall cupboards, overhead stove xpelair. Lounge includes heat pump, French doors opening onto veranda and fully fenced lawn. Bathroom incl. shower, new vanity, mirrored wall cabinet, ext. fan, heat lamps, sep toilet. Master Bedroom includes double wardrobe with multiple storage cupboards. 2nd bedroom has large wardrobe & good storage. Hallway includes fire alarm, 2 utility cupboards, hot water cylinder & airing cupboard, Stainless Steel H/W Cylinder replaced June 2012. Separate laundry. Underfloor insulation is black EXPOL(highest rated). Roof cavity is Rock Wool. Unit has been FULLY re-wired with new fuse box, downlights and dimmers. Off street parking + single garage option.

UNIT C (28.8sqm) THE X FACTOR for SMART INVESTORS - Est. Rent $220-$250/wk Partly Developed 1 Bedroom Sleepout including bathroom facilities. (Council approved with Architectural Plans INCLUDED). Versatile 6m x 4.6m with 2.4m stud built 2010 habitable. Framed & Wired for 1 separate bedroom, bathroom with shower & toilet, separate living. INCLUDES: $5500 Double glazed Ranch Slider/DG bedroom & bathroom windows.