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Ohakune 25 Miro Street, Ohakune

9 Bedrooms4 Bathrooms4 Car-parkingID OHU236502
Auction (will not be sold prior)   15 October 2026   |   1 Goldfinch Street, Ohakune   |   1:00pm

Multi-titled units - appraised $62,500 p.a. return

An excellent opportunity has arisen in Ohakune to secure a multi-unit investment with strong income potential. 25 Miro Street comprises three separately titled residential units, being offered together to give a new owner the opportunity to acquire the complete cross-lease holding. A price guide of $475,000 for the entire property along with necessary work required on them allows a conservative estimate of achieving 10% + returns. The property consists of:
• A two bedroom unit appraised at $380 per week once refreshed and made HH compliant.
• A 3 bedroom unit appraised at $400 per week once HH compliant.
• A 4 bedroom unit appraised at $420 per week once minor redecorations have been done and made HH compliant.
Each unit has its own dwelling and associated garage/carport facilities, with the three titles collectively representing the entire cross-lease interest. One of each 2 bedroom, 3 bedroom, and 4 bedroom units make these homes attractive to a wide range of tenants. Positioned in the heart of Ohakune, this is your chance to secure multiple income streams in one transaction - a combination that is not often available to the market. This property is being sold as is where is and will need someone to not be afraid of getting in and giving it a refresh along with fixing some deferred maintenance on the exterior and interior. Opportunities to acquire three separately titled units together are rarely found, so be sure to enquire for full details and make your interest known.
This property is to be sold by way of Auction at 1.00pm 15 October 2026. Will not be sold prior.
CHATTELS  All chattels 'as is   |   where is'
Features
Land | 1011 m2Rates | $11,338.87Regional rates | $828.02LV | 390,000RV | $770,000
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Cameron Elliot

M  027 542 1009  P  

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