


Listing Description
Versatile Multi-Use Investment Opportunity
1117 Karamu Road, Mayfair, Hastings, Hawke's Bay
To be sold by tender (closes on 21 May)
Details
Attribute | Value |
---|---|
Property type | House |
Parking | 5 off street carparks |
Agency reference | H27975 |
Broadband in the area |
Description
Don’t walk, run! This unique, rare and very exciting package is available to secure for the first time in 10 years. Guaranteed to attract a variety of buyers, offering a prospect unlike anything on the market. Inviting new ownership after a prosperous decade of return, this is your chance to obtain this substantial investment and reap the rewards.
Boasting charming character, this property comprises of two separate dwellings or extra-large conjoined home - depending on your needs. With a total of seven bedrooms and three bathrooms, the options are endless. Perfect for large or blended families, savvy investors, or those seeking a lifestyle with supportive income setup. The layout allows for a variety of uses and accommodation ventures, all subject to HDC approval including:
- Bed & Breakfast
- RSE accommodation
- Private rental with flexibility
- Hostel or backpackers
- Home & Income
Conveniently located in central Hastings, this is an investor's dream, with a proven historic return. Currently rented for $1650, it will be vacant and ready for its next venture by the end of June. Whatever your vision, the options are endless with the many possibilities on how to utilise it next.
Upgrades along be way have been undertaken to ensure peace of mind. Recently reroofed, updated wiring and fresh exterior paint. This will be a popular package, ready for its next owners to decide the future of her next chapter. With its proven rental history, central convenience, and unmatched versatility - this property won’t last long.
Whether you're investing or developing, this is the kind of opportunity that rarely comes twice. Contact Alicia Kennedy today on 027 828 1444. Modern Real Estate | Your Go-To Woman
Building Inspection and LIM Report are being undertaken and will be available on request.
Tender closes 21 May, 2025 at 4:00pm at Tremains Hastings (no offers prior)
Open home times
Property Files

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Map
Agent's details
