7 Bed
3 Bath
3 Living
Deadline Sale – Must Sell! Bring All Offers! This is more than just a property — it’s a live-in project with income from day one. Set on a large 1,012m² site in fast-growing Te Kauwhata, 76 Mahi Road offers a rare chance to combine renovation potential with strong multi-stream rental returns. With separate living zones already generating income, and even more earning potential with minimal upgrades, this property is perfect for hands-on buyers, investors, or extended families seeking flexibility and financial upside.
The four-bedroom main house is available to rent immediately at $650 per week, with the current owners wanting to stay on as tenants short-term while they complete their new build. A fully self-contained two-bedroom cottage at the rear is tenanted at $450 per week (excluding power), and an additional two-bedroom space with its own lounge and bathroom at the front of the property remains unrented — offering a potential extra $300 per week in income as a boarder setup. That’s up to $1,400 per week in rental income, with plenty of scope to increase value and rent through simple improvements. Whether you're planning to renovate, reconfigure, or simply rent and hold, this property gives you both flexibility and reward. Additional features include 3-phase power with a separate check meter for the cottage, two independent water meters, and seven air conditioning units across the three living zones. The fully fenced section also includes a chicken coop, fish pond, and established gardens — ideal for semi-rural living or tenants who value outdoor space. Located within walking distance of local schools, shops, the pharmacy, and Te Kauwhata’s library, and just 30 minutes to Hamilton or Manukau via SH1, the location balances lifestyle and convenience perfectly With a 2023 Capital Value of $940,000 and the vendors ready to consider all offers below the CV, this property is priced by Deadline and must be sold. Please note the shipping container will be removed LIM report is available on request. Fresh Builder report coming soon, vendors previous one available on request A unique blend of project, profit and potential – don’t miss your chance to collect rent from day one and build value your way. Take yourself on a 3d walk through - https://my.matterport.com/show/?m=XEKtyiw5Y3h Private viewings and all agents welcome!
