Welcome to 5a Bankart Street. Commercially zoned properties are rarely available in Raglan so this is your opportunity to get into the market and nest and invest. The property consists of a very tidy 1980's home set on a 'flat as a pancake' 682m2 section. The home features 3 bedrooms, an open plan lounge, separate toilet and laundry, a sunny deck and cosy conservatory. Two stand alone garages also offer plenty of storage and with one situated on the street frontage having income potential . The property is situated next to the popular Raglan Sunset Motel and currently used as the night managers residence as well as the base of Raglan Watersports. Buy the property as your holiday home and landbank for the future while enjoying getaways in Raglan or look at a return on your investment as the current owners would consider leasing the property back for up to 5 years. Call Kyle to view by appointment.

Capital Value: $405,000 (01-Jul-2014)
Land Value: $270,000
Improvement Value: $135,000
Waikato District Council Rates: $3,012.73 incl GST (2016/17)
Waikato Regional Council Rates: $290.88
Legal Description: LOT 1 DPS 29183
Land Area: 682m2
Certificate of Title: SA26B/1368