Western Bay of Plenty, Katikati 10F Church Street
Negotiation
Ideal Entry Level Investment Property or Home
Nestled at the end of a no-exit driveway, 10f Church Street in Katikati is an ideal entry-level investment property that promises both comfort and potential for returns. This charming four-bedroom home offers a serene escape while being a strategic investment in a growing community. With a freehold section of 546m²(more or less). The heart of this home is its open-plan living. The kitchen and dining area flow seamlessly into the lounge, creating a versatile space for relaxation. With four bedrooms, this home offers ample accommodation options. The single bathroom features both a shower and a bathtub, and a separate toilet adds an extra layer of practicality. Outside you will find a large, fenced lawn that is perfect for children to play safely, a single covered carport and additional off-street parking. Views over the neighbouring farm add a touch of rural charm to this suburban setting. From an investment perspective, this property is highly appealing. The current rent appraisal stands at $630 - $650 per week, promising a steady rental income. Katikati is a growing area, and rental properties here are in demand, ensuring good occupancy rates and potential for capital growth. 10f Church Street is not only an excellent investment property but also a wonderful first home. This property's versatility ensures it can meet the needs of families, professionals, and retirees alike.
Property ID:
EKTC18314
Legal Description:
Firstly an estate in fee simple in all that parcel of land containing 546 square metres more or less being Lot 6 on Deposited Plan DP/DPS396634 and Secondly an estate in fee simple as to an undivided 1/6 share in all that parcel of land containing 1385 square metres more or less being Lot 9 on Deposited Plan DP/DPS 396634. Both the First and Second estates being comprised and described in Certificate of Title 385213 (South Auckland Registry).
Year Built*:
1960s
Roof:
Corrugated Iron
Joinery:
Aluminium
Land Area:
546 square metres (approx)
House Area*:
106 square metres (approx)
Bedrooms:
4
Chattels:
Stove, Fixed Floor Coverings, Blinds, Heat Pump (Excluded Chattels: Drapes - owned by tenant)
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.