176 Broadway, Kaikohe, Far North, Northland

Home and Granny Flat opportunity, or ideal for an extended family situation, this property allows you to spread out and experience a country feel, while still within walking distance of town.

Sitting on a fully fenced rear section of 1,176 square metres (more or less) two sides of the property are flanked with paddocks. Vehicles can be driven right around the house with additional parking to the side of the double garage.

The fully renovated studio unit has its own entrance to the right of the garage with a heat pump, gas hot water system, a recently upgraded kitchen and stove, laundry space and a good-sized bathroom. With a deck along 3 sides of the building and insulation in the ceiling and underfloor, Granny will be "snug as a bug" in this unit.

The timeless brick house had a colour steel roof installed in October '23 and a substantial redecoration inside. This too has a roomy bathroom and a separate laundry room.

Other upgraded features include:

• LED light fittings and new floor coverings throughout

• New kitchen cabinets and appliances

• Bathroom fixtures and fittings are all upgraded including extraction

• Rinnai Gas water heating system

• Heat pump

• A double-glazed aluminium French Door leading from the lounge onto a sizeable new deck

With both dwellings meeting Healthy Home standards, rental appraisals suggest an approximate yield range of between 7% & 8%.

Kaikohe is great for investors and residents alike with many positive growth factors like the Ngawha Innovation and Enterprise Park, great recreational facilities including the new sports stadium and Ngawha Hot Springs, and of course, the choice of coasts east or west, within approximately 30 to 40 minutes drive.

You need to view this property to fully appreciate it. Call Leigh Ingle on 0274 911 840 to arrange a time.