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52A Futter Street, Foxton, Horowhenua

Buyers $299,000+

2

1

90m²

Great investment with proven track record

We know the history of this place like the back of our hands. We have sold it twice before: sold in 2013 for $96,000, sold again six years later in 2019 for $210,000, and now for sale again another six years later for $299,000. At this rate, by 2031 it could be worth around ??? And it has great tenants, currently paying $370 per week.

For you bean counters, that’s a gross rental yield of 6.41% and a net rental yield of 4.74%. Built in an era (1973) when things were made to last, this home is low maintenance.

The front unit in a block of three, with easy access, away from the hustle and bustle and traffic but with the security and comfort of neighbours close at hand if needed and a primary school, kindergarten, park and BBQ area close by. 90m2 (approx.) two-bedroom, one bathroom, laundry, open-plan living, dining, and lounge with no fewer than three, yes THREE heat pumps and a carport.

Call to view today, don’t delay, this property will sell.

Additional details

Type

Unit

Property ID

FTU200346

Listed on

21/02/2025

Updated

12 days ago

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 124 days (last updated on 21 February) and was last sold in 2019 for $210,000. OneRoof now estimates this property to be $305,000 and its latest rating valuation by Horowhenua council is $330,000 as of 2022. There are 5 2-bedroom properties for sale nearby. There are 44 properties for sale in Foxton.

Property data

Broadband available

Floor area

90m²

Type of title

Cross-Lease

Decade of construction

1970s

About the area

Market insights

Insights for all bedroom homes in Foxton

Property type

All property types

Bedrooms

All

Time (yrs)

5 yrs

Median sales price

$415K

Capital growth

-2.92%

-7.88%5 yrs change

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Foxton, Horowhenua

Foxton is a suburb which lies within the Territorial Authority of Horowhenua, one of 13 residential suburbs which form the wider region. Foxton is the 3rd largest suburb of Horowhenua in terms of the total number of residential housing stock. Foxton provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1950 - 1959. Residential housing stock in Foxton is made up of approximately 83% residential housing , 2% residential investment housing and 15% lifestyle properties.

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