Residential
More from realestate.co.nz:
Agents News

912 Tamatea Place, Mahora, Hastings

Do the maths - this one adds up!

dollar

Offers Over $455,000

House
House
Bedroom
4
Bathroom
1
Floor area
110m2
Land area
360m2
Title type
Freehold
Garage
1
On this page:

Open homes

Sunday
12:45pm - 1:15pm
27
Sep

Property details

Listing # HU211394 | Listed on 14 May

Investors, take a serious look at the numbers here — because from a rental return and yield perspective, opportunities like this are hard to beat.

Currently tenanted at $650 per week, with a rental appraisal of $650–$670 per week this four-bedroom property offers an immediate income stream from settlement day. There is no need to budget for renovations, upgrades or additional work to achieve that return — it is already performing.

With four good-sized bedrooms, the property offers exactly the kind of interior space and versatility that appeals to the rental market, while the compact, low-maintenance section keeps ongoing upkeep to a minimum.

Another major advantage is the freehold, fee simple title. The vendor has already completed the conversion from cross lease, giving you the simplicity and independence of freehold ownership with no cross lease considerations. A single garage adds further practicality.

For investors looking to grow their portfolio, this is a genuinely compelling proposition — strong rent, low maintenance and no immediate capital expenditure required. The numbers stack up from day one.

And while the investment case is hard to ignore, the property also offers plenty of flexibility for first-home buyers. With four bedrooms, there is the option of taking in boarders to help with the mortgage, or even purchasing with friends or family to make home ownership more achievable.

Whether you're an investor looking for a ready-made, income-producing property or a buyer wanting space and flexibility at an affordable price point, this one deserves serious attention. You won't find 4 bedrooms at this price anywhere else in Hastings right now.

Your notes
Add notes for your personal reference. This can only be seen by you.

Additional features

Roofing: Tile
Exterior Cladding: Weatherboard
Exterior Joinery: Aluminium, Timber
Internal Features: Heat Pump

Fibre availability

Your residential fibre options

Powered by Chorus
With plenty of capacity and speed, fibre provides fast broadband services you can rely on. With a range of speeds and affordably priced plans to choose from – find out what’s available.

Schools and childcare in the area

Fibre availability

Powered by Chorus
Great news! It appears this address has a fibre box (ONT) installed, so connecting to fibre should be easy. Find out how to get fibre sorted before you move house.
Learn more

Fibre
Starter

Installed

Fibre Starter 100
100/20
mbps

from
$60
per month

Fibre
500

Installed

Fibre 500
500/100
mbps

from
$89
per month

Fibre
Max

Installed

Fibre Max
900/500
mbps

from
$99
per month

Hyperfibre
2000


Hyperfibre 2000
2000/2000
mbps

from
$149
per month

Hyperfibre
4000


Hyperfibre 4000
4000/4000
mbps

from
$179
per month

Hyperfibre
8000


Hyperfibre 8000
8000/8000
mbps

from
$260
per month

Wanting to order fibre broadband before you move house?

Head to broadbandcompare.co.nz to view fibre broadband options available at this address and get connected before you move.
Learn more
$
$
% p.a.
years
$0 per week
Contact the agent
Name  (required)
Email  (required)
Phone  (required)
I'd like to enquire about:
Your message

By continuing, you agree to our terms of use and privacy statement.