South Road, Hawera, Taranaki

Seize the opportunity to own a property that blends character, modern living, and lucrative returns. Positioned on the main road for maximum exposure, this property was once a Motel. More recently it is being used as long-term accommodation.
Invest with confidence, knowing that this property offers a stable and secure investment opportunity. With a current annual return of $117,000 this property presents a compelling investment with high rental yields. 
The main house exudes character and charm, featuring 4-5 spacious bedrooms, 2 lounge rooms, 2 separate family bathrooms and a lovely ensuite. It enjoys the seamless flow of open-plan living, where natural light floods in, creating an inviting atmosphere for relaxation and entertainment. The house boasts a new roof and good garaging. To the rear there is a large back section for children to play.
The 4 separate units were built to stand the test of time. The Lockwood and concrete block interior, ensures durability and low maintenance, minimising operational costs for landlords. 
These units are versatile. They comprise of 3 bedsits and 1 x 1-bedroom unit, catering to a diverse range of tenants. Whether it's young professionals seeking convenience or those looking for affordable housing, these units cater to various rental demographics. 
All dwellings are Healthy Home compliant and fully tenanted.
This additional income stream offers financial stability and long-term returns for savvy investors