9 - 11 Hamilton Street, Pahiatua, Tararua
price TBC
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Investment opportunity
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!
Chattels
9 - 11 Hamilton Street, Pahiatua, Tararua
Web ID
PU211178
Floor area
220m2
Land area
951m2
District rates
$4,186.46pa
Regional rates
$390.88pa
LV
$145,000
RV
$600,000
6
2
4
price TBC
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