Discover Waipukurau. We call it home too. For all things real estate, think PB.

Here it is - one of the last few original homes left in a street that has already proven exactly what's possible, yet equally well suited to families and first-home buyers looking for size, space and an unbeatable location. This classic 1950s bungalow hasn't been renovated, subdivided or reimagined yet, and that's precisely what makes it so exciting. Set on a generous 788m2 section, there's room for kids and pets to play today, while the size and location offer future development potential. Positioned in one of the town's most tightly held and sought-after streets - in an area of established townhouse developments - this is a property that allows you to live comfortably now while keeping your long-term options firmly on the table. Add to that easy walking distance to both primary and secondary schools and a short stroll into town, and you have a location that works just as well for families as it does for investors and developers. The home itself is solid, spacious and immediately liveable, offering a comfortable base for families now with exciting scope to renovate, modernise or strategically hold over time. Inside, the flexible layout includes separate kitchen, dining and living spaces, a large lounge plus additional family living - ideal for busy households that need room to spread out. There are three generous double bedrooms with wardrobes, including a master with walk-through wardrobe and heat pump, plus a fourth bedroom that works perfectly as a home office, guest room or hobby space. A main bathroom with wet-floor shower, vanity and toilet is complemented by a second separate toilet and dedicated laundry, while year-round comfort is well covered with an inbuilt wood burner, two heat pumps, DVS, gas radiators and gas hot water. Outside, the positioning of the home allows for a large, sunny backyard - along with a long single garage, single carport, garden shed and woodshed - perfect for family life now, with potential to enhance, extend or explore future development options. Whether you're a first-home buyer wanting room to grow, a family chasing space in a prime location, or a developer or investor recognising the long-term value and proven potential of this street, this is a rare opportunity to secure it all in one very smart move.

Auction 13 February 2026

Heading to auction in a central Waipukurau location, 86 Racecourse Road is the type of property that immediately sparks ideas for builders, developers, and forward thinking investors. Owned by the same family since 1991, this is a genuine and bittersweet goodbye that now opens the door for someone new to bring fresh vision and energy. Opportunities like this do not come up often in tightly held streets where location does much of the heavy lifting for you. Set on a cross lease title and residentially zoned, the property includes an existing three bedroom home and a separate garage, providing a practical base to work from while you plan what comes next. Whether you choose to renovate and add value, modernise and hold as a rental, or explore redevelopment potential, the foundations are already here. The functional layout offers a starting point for improvement, while the positioning is what makes this offering particularly compelling. Close proximity to town amenities, schools, shops, and services means this address will always appeal to both owner occupiers and tenants, supporting strong resale and rental demand into the future. With a current CV of $360,000, this is a property where smart buying, effort, and vision can be genuinely rewarded. Buyers who understand potential will quickly recognise what could be achieved here with the right plan. This is not simply a home for sale. It is a project, a prospect, and a prime opportunity in one of Waipukurau’s well established locations. You need to be in it to win it. Come to auction day ready to bid, because this is where opportunity meets action.

Auction 06 March 2026

Positioned privately as the rear unit, 35B Mt Herbert Road offers a quiet, low maintenance opportunity with proven rental appeal and strong returns for investors, while also presenting an excellent option for first home buyers wanting an easy, manageable home in a great location. This appealing 1990s build features a functional floor plan designed for comfortable, practical living that suits both tenants and owner occupiers. The bathroom is fitted with a shower for simplicity, while an access ramp leads to a small deck off the lounge, creating easy indoor outdoor flow and added convenience. Leafy gardens provide a pleasant outlook and sense of privacy without adding high maintenance demands. Off street parking and the easy care nature of the property make it an attractive, low stress choice for those seeking a straightforward investment or a simple place to call home. With walking distance to town amenities, shops, and services, this is a location that consistently performs in the rental market. A rental appraisal is available at an attractive figure, highlighting the immediate income potential on offer with no upgrades required. There is also opportunity to enhance value over time through simple cosmetic improvements. Low maintenance, well located, private, and tenant friendly, this is a property that makes sense from day one, whether you are growing a portfolio or stepping onto the property ladder.

Buyers $385,000+