Incredible buying for investors or first home buyers:
* 1950s Government built block and weatherboard home with tile roof
* 3 bedrooms, separate lounge with heat pump, separate laundry
* Home has insulation certificate
* Situated at the bottom of a cul du sac with a rural boundary and views
* Long single lock-up garage (no power) & plenty of off-street parking
* Massive, gently sloping 947m² freehold section
* Currently tenanted at $290 per week
About the area:
Meremere village sits up on a hill overlooking the Waikato River and the Whangamarino wetlands, and is surrounded by rolling farmland. Many of the approximately 500 residents enjoy views of the countryside from their solid 1950s Government built homes.
The village has its own primary school, a general store and takeaways shop, a library, and a modern community hall.
Sports activities in the area include rowing at the Mercer Rowing Club, and motor sports at the Hampton Downs Motorsports Park and the Meremere Dragway.
Meremere, in the North Waikato district, is about ten minute drive south of burgeoning Pokeno township, and is halfway between Auckland and Hamilton. There is easy access onto the adjacent Waikato Expressway, making it an appealing option for commuters.
Like the Blue House, the typical 1950s Meremere bungalow is robustly built, has native timber flooring, and sits on a large freehold section, making it a popular choice for both investors, (good rental demand), and for first home buyers, being affordable and a great do-up property to add value to.
The owners of the Blue House at 7 Herewini Street are realistic and are meeting the market with an asking price of $310,000. Call me today!
