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1117 Karamu Road, Mayfair, Hastings

Endless Potential With High Yield & Opportunity

dollar

$749,000

House
House
Bedroom
7
Bathroom
3
Land area
864m2
Title type
Freehold
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Property details

Listing # H27975 | Listed on 30 April

Potential uses include (subject to HDC approval/due diligence - however many consents already approved):

  • Two separate private rentals - strong income potential with over 10% return

  • Home & income configuration

  • Accommodation for extended or blended families

  • RSE or worker housing

  • Development site - potential for new 3-storey builds

Perfectly positioned in central Hastings, this property boasts a proven rental history, most recently generating $1,650 per week. Now vacant and ready for immediate possession, it offers a multitude of possibilities - from continuing as a high-performing investment to creating a flexible home and income setup, or future redevelopment.

Recent upgrades include:

  • New Roof

  • Updated Electrical System

  • Freshly Painted Exterior

  • Healthy Homes Certificate Issued August 2025

All the hard work has been done - this property is primed for its next chapter. With excellent returns, a central location, and exceptional versatility, this is an opportunity that won’t last!

Contact Alicia Kennedy today on 027 828 1444 | Modern Real Estate | Your Go-To Woman

LIM Report and Building Inspection currently underway and will be available on request.

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Additional features

Other park
5 other parks
Roofing: Longrun, Reroofed in 2024

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