Why buy one home when you can own two?

Set on a generous 1,011m² freehold section, this is the kind of opportunity buyers wait for. Two standalone three-bedroom homes on one title, each with its own kitchen, bathroom and living space, opening the door to multiple income streams and endless flexibility.

Whether you’re chasing strong investment returns, looking for the ultimate home-and-income setup, or creating space for extended family without sacrificing independence, 116 Richard Street delivers.

The numbers speak for themselves. The front home is currently returning $600 per week, while the rear home returns $540 per week, providing a combined rental income of $1,140 per week. Live in one and let the second help pay the mortgage, continue renting both for immediate cashflow, or secure a future-proof property that can adapt as your family’s needs change.

Both homes have been refurbished throughout and are Healthy Homes compliant, meaning there’s little left to do but reap the rewards. The rear dwelling also has its Code Compliance Certificate currently pending issue, adding further confidence to the improvements completed.

Outside, the spacious section provides plenty of room for children, pets and extra parking, while the separation between the two homes offers the privacy that’s often missing from dual-living properties.

Properties like this are exceptionally hard to replace. Two fully self-contained homes on one title are always in demand, whether from savvy investors, blended families, multi-generational households or buyers wanting an income stream from day one.

One title. Two homes. $1,140 per week in rental income. Endless possibilities.

Don’t miss your chance to secure one of Ōpōtiki’s most versatile property opportunities. Contact Sharnika Dowthwaite today to arrange your viewing.

Deadline Sale: 12pm Thursday 23 July (Unless Sold Prior)