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Two Homes - Outstanding Investment Opportunity!

Harcourts Hastings/Havelock North - Regent Realty Ltd, (Licensed: REAA 2008)

Listed 16 Jul

203 Park Road North, Parkvale, Hastings, Hawke's Bay

Price by negotiation

Bed3
Bath2
Parking2
Land area809m²

Details

3 bedrooms
2 bathrooms
2 lounges
House
Property interior
Property interior

Two Homes - Outstanding Investment Opportunity!

A rare opportunity in sought-after Parkvale, this unique property features two separate homes on a generous 809m2 subdividable section (Subject to council approval), offering exceptional flexibility and strong income potential. Comprising one two-bedroom home and a separate one-bedroom dwelling, divided by two carports, this property is ideal for investors, extended families, or buyers looking to rent out both, live in one home while renting out the other. For example, with a combined current rental income of $990 per week or $51,480.00 per year Based on the figures below, this property offers potential gross yields of approximately 7.50% = $686,400 (Purchase price) 7.25% = $710,068 7.00% = $735,428 making it an attractive addition to any investment portfolio. Properties offering this level of versatility and income potential are hard to find, so don't miss your chance to secure this fantastic opportunity.

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65
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31
Days on site

203 Park Road North has been viewed 2,366 times since it was first listed on 16 July. There are 65 people keeping an eye on it.

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203 Park Road North, Parkvale, Hastings, Hawke's Bay

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