Raine & Horne Thames | Paeroa
R&H
  • Home
  • Buy
  • 404 Court Street, Thames, NZ 3500

404 Court Street, Thames

  • 3 Bed
  • 2 Bath
  • 4garages

For Sale

$699.000

Dual Units - Home & Income

Positioned in a highly convenient central location, directly across from the Thames Bowling Club and just a short stroll to the medical centre and hospital, this versatile property delivers flexibility, accessibility and proven income in one compelling package.
Configured as two legally established dwellings, each with its own dedicated access and garaging, the property offers privacy and independence whether you're accommodating extended family, creating space for teenagers, supporting multi-generational living, or maximising rental return.
The main two-bedroom home is warm, comfortable and thoughtfully laid out, with generous living spaces and a practical kitchen that connects easily to the dining area. Designed with accessibility in mind, it features full ramp access to the entrance along with a wet-floor shower, making it an excellent option for those requiring wheelchair-friendly living or future-proofing for years to come.
Privately positioned, the detached studio provides fully self-contained accommodation and excellent separation from the main residence. It's ideal for guests, family members seeking their own space, or as an additional income stream.
Previously returning $550 per week for the two-bedroom home and $350 per week for the studio, the property has demonstrated strong rental appeal and a solid combined yield of $900 per week. The dual-dwelling setup allows you to tailor the arrangement to suit your lifestyle - live in one and generate income from the other, rent both, or utilise the entire property for extended family living.
With its flat section, independent garaging, off-street parking and unbeatable in-town convenience, 404 Court Street presents a rare opportunity to secure flexibility, accessibility and dependable returns in one well-located property.
Please be aware that this information has been sourced from third parties. View our property information disclaimer here: raineandhorne.co.nz/property-disclaimer
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avatar Jay Dellar
Jay Dellar
Franchise Owner & Licensed Salesperson
avatar Aimee Smith
Aimee Smith

Got a property to sell? Contact us for a free Request Appraisal

Inspections:
R&H
Property Info:
  • Property ID: L39237996
  • Property Type:House
  • Garages:2
  • Open Parking:2
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R&H Suburb Profile: Thames
R&H Suburb SummaryHouses
Number of sales116
Average Price$671,349
Median Price$644,000
Median Rental Price$ p.w.
Change in Rental Rate (5yr)n/a
Median Trend - $644,000
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