


Listing Description
Investment opportunity
9 - 11 Hamilton Street, Pahiatua, Tararua, Manawatu / Whanganui
Enquiries over $549,000
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $600,000 |
| Parking | 4 car garaging |
| Agency reference | PU211178 |
| Broadband in the area |
Description
With interest rates coming down, now is the perfect time to secure this exceptional investment property.
These 1960s double-story duplex-style units offer outstanding potential for both rental income and future development.
Each unit features a good-sized kitchen/dining and comfortable lounge, three large bedrooms, two toilets and a separate bathroom and laundry with good storage. They each also come with a spacious fully fenced section with double garage.
Nestled in a quiet cul-de-sac, both units are currently tenanted by long-term tenants with a weekly combined income of $820/ week, making this a solid income-generating asset with a gross return at just under 8%.
There are options here - rent out both units for dual income, live in one and rent the other or open up the dividing wall and create a spacious six-bedroom family home!
To increase the versatility of this property, subdivision consent has been granted to separate the units if desired.
Don't miss out: this is a rare opportunity with flexibility, charm, and strong returns. We look forward to welcoming you at the open homes or call us to make an appointment to view!
Open home times
Property Files

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