86 Racecourse Road, Waipukurau, Central Hawkes Bay

Auction 06 March 2026
3
Bedrooms
1
Bathrooms
1
Garages

+5

+4

Reimagine, renovate, rebuild, redevelop

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.

Chattels

Fixed floor coverings, Light fittings, Curtains, Stove, Bath - Freestanding, Letterbox
86 Racecourse Road, Waipukurau, Central Hawkes Bay

Web ID

WU217917

Floor area

110m2

District rates

$4471.40pa

Regional rates

$322.76pa

LV

$74,000

RV

$360,000

3
Bedrooms
1
Bathrooms
1
Garages
Auction (unless sold prior)

Friday, 06 March 2026, 1.00pm

Property Brokers, 306 Saint Aubyn Street West, Hastings

Upcoming open home(s)
Sun 01 Mar 11:15am - 11:45am

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Kate McCormick

Kate McCormick

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WU217917

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