Entry Level Home and Income.

The owner of this home is looking to release capital, presenting a fantastic opportunity for you to secure an affordable home and income property at 13 Leicester Street in the highly sought-after Hanley's Farm.

While this property has served as a lucrative investment, currently returning $1560 per week to the owner, 13 Leicester Street is also the perfect entry level home.  You are able to buy this with vacant possession of the main house, and live in, while paying off the mortgage with the income from the spacious 1 bedroom, self contained unit.  The unit has its own private access.

The main house offers three spacious bedrooms, including a master suite with an ensuite bathroom and walk-in wardrobe. The smart layout allows the second bedroom to connect directly to the main bathroom through a "jack and jill" door, which can also serve as a second living space with access to the outdoors via a sliding door.  

Stay cozy and warm during the colder months with a wood burner or the convenience of a heat pump. The open-plan living area with its vaulted ceiling offers plenty of space for entertaining and family gatherings. If you need more room, a sliding door leads to a private sunny patio and garden area, perfect for those afternoon BBQs.

The kitchen, with its large island bar and ample counter space, is the ideal spot for casual meals or socializing while preparing dinner.

Located within walking distance to the Hanley's Farm Primary School, Te Kura, Whakatipu o Kawarau, you can forget the stress of school drop-offs and instead enjoy a leisurely stroll.

Hanley's Farm is quickly becoming a favourite neighbourhood for locals, featuring great playgrounds, a delightful café and eatery, plenty of sunshine, and a welcoming community. Plus, it's just a short drive to the Remarkables Ski Field, International Airport, and Frankton's shopping hubs.

The sellers are serious about moving on, and 13 Leicester Street will be sold at or before the Auction on Friday 14th March 2025, at 2pm.

Get in touch with Marion or Feleki and ask for the LIM Report.

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