175 + 175A High Street, Eltham, South Taranaki, Taranaki
New Plymouth, New Zealand
Guide Price
$353,410
599,000 NZD
PROPERTY TYPE
house
BEDROOMS
4
BATHROOMS
1
Description
Step into a piece of local history with this beautifully preserved property, originally built as the town bank, with the adjoining residence purpose-built for the bank manager and his family. The former banking area offers the perfect functional space and is filled with character. It has a small office, a large open space, kitchenette and toilet, plus the standout
features the original bank safe, still in place. This area is ideal for a home business, professional rooms, studio, or creative workspace. The adjoining home is the ideal family size and well designed for all your family living needs such as - four bedrooms, sunroom, a full family bathroom, and two toilets for added convenience. At the heart of the home is a large kitchen and spacious living areas, perfect for everyday living and entertaining. My favorite part is the French doors open out to the courtyard, providing excellent indoor/outdoor flow and a private space to relax or host guests. Additional
features include: •Off-street parking •Garage and workshop •Multiple living and working zones •Unique heritage
features throughout •Mostly Double glazed and retro fitted.
•Polished floors. Offering space, flexibility, and undeniable character, this landmark property presents an exceptional opportunity for families, professionals, or those seeking something truly special.
Location
Open in Google MapsLiving in New Plymouth
Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.
Visa
Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.
Learn more: The Complete Guide to Moving to New Zealand→Key Fact
NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.
Learn more: What You Need to Know Before Moving Abroad→New Zealand at a glance
How New Zealand scores for American expats
Cost of buying in New Zealand
Estimated fees and ongoing costs for this property
Closing Costs
3-5% of purchase price
- ·No stamp duty
- ·Legal/conveyancing: NZ$1,500-3,000
- ·Building inspection: NZ$500-800
- ·LIM report: NZ$300-400
Annual Costs
Property Tax
0.3-1.5% of government valuation (varies by council)
Insurance
NZ$1,500-3,000/yr
HOA / Condo Fees
NZ$300-600/mo for apartments (body corporate)
Good to Know
Agent Fees
Seller pays (2.5-4%)
Foreign Buyer Note
Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.
Legal help in New Zealand
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in New Zealand?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Rebecca Bruce - McDonald Real Estate Ltd (Licensed: REAA 2008) - Eltham
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD


