Listed: Thu, 19 Feb

Double the Money - Dual Income

404 Court Street, Thames, Thames-Coromandel, Waikato

Asking price $670,000

3 Beds
2 Baths
2 Living areas

Other Features

2 Separate toilets
1 Study
2 Garage parking
2 Off-street parking

Attribute	Value
Property type	House
Capital value (CV)	$630,000
Parking	2x Single Garages
Broadband in the area	Fibre, ADSL, Satellite, VDSL, Wireless

Positioned in a highly convenient central location, directly across from the Thames Bowling Club and just a short stroll to the medical centre and hospital, this versatile property delivers flexibility, accessibility and proven income in one compelling package.

Configured as two self-contained units, each with its own dedicated access and garaging, the property offers privacy and independence whether you're accommodating extended family, creating space for teenagers, supporting multi-generational living, or maximising rental return.

The main two-bedroom home is warm, comfortable and thoughtfully laid out, with generous living spaces and a practical kitchen that connects easily to the dining area. Designed with accessibility in mind, it features full ramp access to the entrance along with a wet-floor shower, making it an excellent option for those requiring wheelchair-friendly living or future-proofing for years to come.

Privately positioned, the detached studio provides fully self-contained accommodation and excellent separation from the main residence. It's ideal for guests, family members seeking their own space, or as an additional income stream.

Previously returning $550 per week for the two-bedroom home and $350 per week for the studio, the property has demonstrated strong rental appeal and a solid combined yield of $900 per week. The dual-dwelling setup allows you to tailor the arrangement to suit your lifestyle - live in one and generate income from the other, rent both, or utilise the entire property for extended family living.

With its flat section, independent garaging, off-street parking and unbeatable in-town convenience, 404 Court Street presents a rare opportunity to secure flexibility, accessibility and dependable returns in one well-located property.

https://www.propertyfiles.co.nz/property/960210003

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