50 Makere Street, Taumarunui, Ruapehu
Auction 11 February 2026
4
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+2
+1
Renovation ready with immediate rental income
• Price guide $220,000 • Rental appraisal $400 per week ( $20,900p.a) • Expected gross return guide of 9.5% • Occupied by consistent paying tenant willing to stay This charming 1920s four-bedroom home presents an excellent opportunity for investors or buyers looking for a property to renovate and add value. Currently tenanted at $390 per week, the existing tenants are happy to stay, providing immediate and secure rental income. Situated on a generous 776m2 flat section, the home features a heat pump for year-round comfort and plenty of outdoor space. With renovated four bedroom homes fetching upwards of $480 per week there is plenty of scope to add value and yield. The vendor needs this property sold and is taking it to auction (unless sold prior) on 11th February 2026 at the Taumarunui Squash club, 41 Turaki Street, Taumarunui.
Chattels
50 Makere Street, Taumarunui, Ruapehu
Web ID
TUU184385
Floor area
110m2
Land area
776m2
District rates
$3,508.21pa
Regional rates
$292.50pa
LV
$75,000
RV
$265,000
4
1
Auction (unless sold prior)
Wednesday, 11 February 2026, 1.00pm
Taumarunui Squash Club, 41 Turaki Street, Taumarunui
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