Back to New Plymouth, New Zealand

99 Banks Street, Marfell, New Plymouth, Taranaki

New Plymouth, New Zealand

Guide Price

$306,800

520,000 NZD

PROPERTY TYPE

townhouse

BEDROOMS

3

BATHROOMS

1

99 Banks Street, Marfell, New Plymouth, Taranaki - Photo 2
99 Banks Street, Marfell, New Plymouth, Taranaki - Photo 3
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Description

Stepping onto the property ladder has never looked better. Positioned in the heart of Marfell, this modern 116m² townhouse offers a rare advantage—your own spacious 548m² section with dedicated off-street parking right at your door, setting it apart from others in the development. Designed with easy living in mind, the open-plan kitchen, dining, and living area is filled with natural light and flows effortlessly outdoors—perfect for relaxed evenings or entertaining friends. The kitchen is stylish and functional, complete with quality appliances and a breakfast bar for casual meals. A heat pump ensures comfort all year round, while a handy powder room adds convenience on the ground floor. Upstairs, three well-sized bedrooms provide space to grow, serviced by a modern, fresh bathroom. It’s a home that balances comfort, style, and practicality. Outside, there’s room to enjoy your own space—whether it’s a BBQ with friends, a safe area for kids, or simply enjoying the extra breathing room that comes with a full section. Off-street parking for two vehicles on your own property is a standout bonus. Located just minutes from New Plymouth CBD, the coastal walkway, and local parks, this is an ideal opportunity to secure your first home in a growing community. This home will suit First Home Buyers, Investors and Families looking to get onto the property ladder. Call Janine Baldock 027 529 9475 to arrange your viewing.

Location

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Living 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
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New Zealand at a glance

How New Zealand scores for American expats

💰Cost of Living
Expensive
🛡️Safety
Very safe
🗣️English Spoken
Widely
🏥Healthcare
Excellent
🌬️Air Quality
Clean
📶Internet
Moderate
🚶Walkability
Moderate
🚇Transit
Limited

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

Janine Baldock - Arizto Ltd (Licensed: REAA 2008)

Next steps for moving to New Zealand

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD