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Triple-Income Tūrangi Treasure

Smart investors or keen skiers – RED ALERT!
Enquiries over $600,000

4 Mihipeka Grove, Tūrangi

UNIT A:

  • 2
  • 1
  • 60 sqm

UNIT B:

  • 2
  • 1
  • 60 sqm

UNIT C:

  • 1
  • 1
  • 28.8 sqm

4

673m2

Nestled in the heart of Tūrangi township, this exceptional triple-income property offers a unique investment opportunity amidst the serene beauty of NZ’s central North Island. Tūrangi, renowned for its proximity to the world-famous Tongariro National Park and the pristine waters of Lake Taupo, attracts outdoor enthusiasts year-round. The property itself boasts three distinct units, ensuring a steady rental income. Its prime location provides easy access to local shops, cafes, and recreational activities, making it an ideal choice for tenants seeking both convenience and natural splendour. Whether for living, AirBnB long-term rental investment or holiday accommodation this property is a gem in Tūrangi’s vibrant landscape.

See below for more information on the units. 

The Units Information

Property details.

Reach out to Paul Coyle today to arrange a time to view the property. 

  • VIEW BY APPOINTMENT
    Phone or email Paul to book a time.

Email: paulcoyle@hotmail.com

Phone: Paul Coyle 027 329 4266

Enquire about this property
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Favourite features

High Rental Return & Air BnB Opportunity.

Close to the world-famous Tongariro National Park & Lake Taupo

In the heart of Turangi.
Easy access to local shops, cafes and recreational activities

The perfect home for keen skiers. And all other outdoor activities.

Skiing, Fishing, Hunting and More.

Sitting on the banks of the Tongariro River, Tūrangi is the unofficial trout fishing headquarters of New Zealand. An ideal base for hiking adventures, fishing, hunting, cycling or skiing. 

Tūrangi is incredibly central to some of New Zealand’s most iconic locations. The famous Tongariro Alpine Crossing is a shuttle ride away, Lake Taupō is only four kilometres away, the Tauranga-Taupō River is just to the east, Whakapapa Ski Field on Mount Ruapehu is only 40 minutes away, Taupo Town is only 45 minutes away and the Tokaanu’s thermal hot pools are only 5 minutes away. 

Turangi is also home to the Tongariro River Trail, which is one of the region’s most picturesque mountain bike trails. There is a lot to love about Tūrangi. 

Enquire about this property
FALL FURTHER IN LOVE

MORE INFORMATION

UNIT A (60sqm)

Rented 15yrs. The tenant never missed a payment and is keen to stay.

2 Bedroom, 1 Bathroom – Double Glazing throughout (excludes French Doors). Original kitchen with multiple wall cupboards and overhead stove xpelair. The lounge includes a heat pump, French doors opening onto the veranda and a fully fenced lawn. The Bathroom incl. a bath/shower, mirrored wall cabinet, extraction fan & separate toilet. 

The Master Bedroom includes a double wardrobe with multiple storage cupboards. The second bedroom has a large wardrobe and good storage.

Hallway includes fire alarm, 2 utility cupboards, hot water cylinder & airing cupboard, Stainless Steel H/W Cylinder replaced June 2016. 

Underfloor insulation is black EXPOL(highest rated).  The roof cavity is RockWool.

Off-street paved parking + single garage option.

UNIT B (6Osqm)

Renovated – Estimated Rent $400-$450/wk.

2 Bedroom, 1 Bathroom – Double Glazing throughout (excludes French Doors)

Renovated kitchen with pantry & multiple wall cupboards, overhead stove xpelair. The lounge includes a heat pump, French doors opening onto the veranda and a fully fenced lawn. Bathroom incl. shower, new vanity, mirrored wall cabinet, ext. fan, heat lamps, sep toilet. 

The Master Bedroom includes a double wardrobe with multiple storage cupboards. The second bedroom has a large wardrobe & good storage.

Hallway includes fire alarm, two utility cupboards, hot water cylinder & airing cupboard, Stainless Steel H/W Cylinder replaced June 2012.  Separate shelved laundry. Underfloor insulation is black EXPOL(highest rated).  The roof cavity is Rock Wool.

The unit has been FULLY re-wired with new fuse box, downlights and dimmers.

Off-street parking + single garage option.

UNIT C (28.8sqm) The X-Factor for Smart Investors

Est. Rent $220-$250/wk

Part Developed 1 Bedroom Sleepout including bathroom facilities. (Council approved with Architectural Plans INCLUDED).  Versatile 6m x 4.6m with 2.4m stud built 2010 habitable.

Framed & Wired for 1 separate bedroom, bathroom with shower & toilet, separate living. 

INCLUDES: $5500 Double glazed Ranch Slider/DG bedroom & bathroom windows.

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