9 - 11 Hamilton Street, Pahiatua, Tararua

price TBC

6

Bedrooms

2

Bathrooms

2

Garages
sold-flag

More bang for your buck!

This is a great opportunity to purchase an investment property while interest rates are low. These 1960s double story duplex style units offer so much potential. Each unit offers good sized kitchen/dining, lounge, 2 toilets, 3 spacious bedrooms, separate bathroom/laundry and each has a good size section with its own double garage. Both units were fully painted in 2018 as well as new colour steel guttering fitted. With its location in a quiet cul-de-sac and a rental appraisal for both at $300 a week this is an opportunity you don't want to miss. Rent them both out or live in one and rent the other out or better yet, knock a hole in the wall and have a 6 bed, 4 bath home! I look forward to seeing you at the open homes!

Chattels

Light fittings, Bath x2, Clothesline x2, Drapes, Electric stove x2, Extractor fan x4, Fixed floor coverings,1 x Heat pump and 1 x remote at house 11, Mirror, Net curtains, Smoke detectors, Washing machine taps
9 - 11 Hamilton Street, Pahiatua, Tararua

Web ID

PU92426

Floor area

220m2

Land area

951m2

District rates

$Tararua pa

Regional rates

$Horizonspa

LV

$102,000

RV

$295,000

6

Bedrooms

2

Bathrooms

2

Garages
price TBC
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Contact


Patrick Baker

Patrick Baker

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PU92426

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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!

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