1/157 Arapuni Street, Putaruru, South Waikato

Located in a desirable south-side location, this well-maintained investment opportunity offers four tidy two-bedroom units on two separate titles, ideal for investors seeking strong returns and long-term flexibility. Each unit features its own carport and a separate storage space, providing practical living and added tenant appeal. The property is currently fully tenanted with lovely, reliable occupants who are happy to stay, ensuring immediate and consistent income from day one. The current annual rental income is $77,480, delivering a solid gross yield of 7.91%. With a recent rental appraisal indicating potential for increased returns, the gross yield could improve to approximately 9.14%, making this an attractive high-yield investment in today’s market. The property has also benefited from recent roof maintenance, including new stainless steel screws, with all roof sheets resealed and repainted, providing added durability and peace of mind for future owners. Offering multiple income streams across two titles, this is an excellent opportunity for investors seeking a low-maintenance, income-producing asset with strong future potential. Contact the listing agent today for further information.

$979,000

Our vendors are ready to see the hammer fall and present this tidy, well-positioned leasehold at 1/157 Arapuni Street to the market. Whether you’re a first home buyer, downsizer, or investor, this is a smart opportunity you won’t want to miss. Step inside and you’ll find a warm and welcoming home, featuring two bedrooms, a functional bathroom, and a comfortable living area kept cosy year-round with both a heat pump and a fire. Outside is where this property really shines — generous backyard space provides room to relax, garden, or let the kids and pets enjoy the outdoors. A single garage offers secure parking or additional storage, completing the package. Properties like this, offering comfort, space, and convenience, are always in demand. All the information is available upon request, so get in touch today to secure your viewing. Opportunities like this don’t last long. Auction (unless sold prior), Friday, 13th February 2026, 11.00am, The Plaza Theatre, 50 Kensington Street, Putaruru

By Negotiation

• Large two-bedroom unit • Highly sought-after Northern location • Modern kitchen with quality appliances and tile finishes • Large, modern bathroom with tiled finishes, full bath & modern shower • Separate toilet for added convenience • Relax in the Spacious lounge flowing seamlessly into a bright conservatory • Large single garage with workshop space and rear • Large Separate Laundry with tile finishes • Durable brick exterior with metal tile roof • Fresh decor throughout • Stunning, move-in-ready finish. A beautifully presented home in a prime location. With unprecedented demand anticipated this property will require your immediate attention. Contact the exclusive listing agents today to secure your opportunity.

Buyers $459,000+