1007 Miro Street, Mahora, Hastings, Hawke's Bay

This is your chance to secure three properties under a Mortgagee Sale- all at one unbeatable price! Whether you're an investor looking for strong returns, or a developer ready to complete a subdivision, this opportunity is one you can't miss. This property even caters for the extended family wanting to have a house for other family members on the same section.

With 9 bedrooms across three homes, you could earn up to $105,000 per year, or complete the subdivision of these properties into two separate lots and sell one or both off. The hard work has been done: building consents for relocating the two rear houses have been lodged, and services and driveways are already in place for each property. Simply finish the final steps.

Proposed Lot 1 features a renovated 3-bedroom, 1940s stucco home with new floor coverings, a new bathroom, and a spacious deck. It's fully insulated with a heat pump for year-round comfort.

Proposed Lot 2 includes two recently relocated, renovated 3-bedroom homes, each with new paint, floor coverings, and bathrooms. Both have heat pumps, new decks, and concrete pads for parking, all meeting current building standards.

This is an As-Is, Where-Is sale under tender. The purchaser will be responsible for any final work, inspections, and compliance for the Code Compliance Certificates (CCC), as well as any outstanding development levies for completing the subdivision. Don't miss your chance to finish what's been started in this Mortgagee Sale - this opportunity won't last long!

Tender closes at Ray White, 17 Havelock Road, Havelock North at 4:00pm Wednesday 2nd April 2025.

Note: These houses have been Virtually Staged for photos