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9 - 11 Hamilton Street, Pahiatua, Tararua

Investment opportunity

dollar

Offers Over $549,000

House
Home & income
Bedroom
6
Bathroom
2
Floor area
220m2
Land area
951m2
Title type
Freehold
Garage
4
On this page:

Open homes

Monday
1:15pm - 1:45pm
27
Oct

Property details

Listing # PU211178 | Listed on 15 October

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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Additional features

Roofing: Concrete Tile
Exterior Cladding: Weatherboard
Exterior Joinery: Timber
External Features: 2 x Double Garage; 1 with Slider Door
Lot Features: Fenced - Full, Street Frontage
Rooms: Dining - Combined Kitchen, Separate Lounge
Internal Features: Heat Pump (#11), Woodburner (#9)

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