35A Mt Herbert Road, Waipukurau, Central Hawke's Bay, Hawke's Bay

Positioned as the front unit in an exceptionally convenient Waipukurau location, 35A Mt Herbert Road presents a smart, low maintenance opportunity with proven rental appeal and strong returns for investors, while also offering an ideal entry point for first home buyers seeking simplicity and ease. This appealing 1990s build offers a functional floor plan designed for practical living, highly attractive to tenants and equally comfortable for owner occupiers. An oversized bathroom complete with both shower and bath adds everyday comfort and appeal, a feature not often found in units of this style. With walking distance to town amenities, shops, and services, this is a location that consistently performs in the rental market. Easy care grounds keep maintenance minimal, while off street carport parking and a garden shed add the practical extras that tenants and homeowners value. A current rental appraisal of $420 to $460 per week in its present condition highlights the immediate income potential on offer with no upgrades required to achieve this return. This equates to an approximate gross return of 5.8% to 6.4%, placing this property firmly within the ideal investor yield range for Waipukurau, with further potential to add value through simple cosmetic improvements over time. Low maintenance, functional, well located, and tenant friendly, this is a property that makes financial sense from day one, whether you are building a portfolio or stepping onto the property ladder.