Priced for Value — Move In or Rent Out

OPEN HOME: Sunday 24-May between 1:00-1:30pm.

If you’ve been searching for an affordable home or investment and finding everything needs too much work — 15 Kelvin Street offers a smart alternative.

View Property Files here: https://arizto.co.nz/property-search/15-kelvin-street-aramoho

Positioned at an entry-level price point, this three-bedroom home offers buyers the opportunity to step into the market without taking on a full renovation project. While there is still some TLC required, that is to be expected at this price level and provides scope to add value over time.

Set on a 467sqm (+/-) section, the 100sqm (+/-) layout is practical and easy to live in. The living area flows through to the open-plan kitchen, dining and laundry, creating a connected space that works well for everyday life.

Inside is where the value really shows. The kitchen and bathroom have already been modernised, meaning the heavy lifting has been done and the home is ready to enjoy from day one.

All three bedrooms are well-sized, including one with bay window character, while overall the home offers a comfortable and functional layout suited to a range of buyers.

Comfort is a real strength here, with ceiling and underfloor insulation, a ground moisture barrier, HRV system, two heat pumps, a gas fireplace and additional heating — helping to create a warm, dry home year-round.

Outdoors, the covered rear deck extends the living space and provides a usable area in all seasons, while the section still offers room for kids, pets or gardening. There is also off-street parking.

For investors, the property is expected to return around $520 per week, offering a strong yield of 7%+ at this price point.

At this level, buyers are often weighing up homes that require significant work — here, some of that has already been taken care of, allowing you to move in or rent out straight away.

Get in touch with Rochelle Burton on Email: rochelleb@arizto.co.nz