5a Hoterini Street, Ohope, Whakatane, Bay Of Plenty

A rare opportunity to secure two self-contained flats on one freehold title. Each with established periodic tenancies already in place, offering immediate income and exceptional future flexibility.

Positioned on sought-after Hoterini Street, this property presents a versatile setup ideal for investors, extended families, or those wanting options to live in one and air bnb the other.

Enjoy beachside living from an elevated position, with expansive views captured from the upper flat, adding to the appeal of this unique offering. Both flats are tidy, healthy homes compliant and largely in original condition, providing exciting scope to modernise and add value over time. Set on an easy-care section, the property offers practical outdoor space with a carport and shed.

Both flats include: Two bedrooms, open plan living/dining, kitchen, separate laundry, bathroom & toilet with separate power meters and a shared water line. With reliable tenants already in place, you can enjoy immediate returns from day one while exploring future possibilities including long-term rental investment, multi-generational living, holiday accommodation, or renovation potential.

Opportunities offering this level of versatility are increasingly rare in today's beachside market.