219 South Road, Hawera, Taranaki

We have a unique opportunity to purchase a wonderful family home that is full of character and style and four separate rental units. A motel in a former life, the property is now fully utilised for long-term accommodation, offering a stable income stream of $117,000 per year. Perfectly positioned on the main road for maximum exposure, this is an ideal investment for those seeking high rental yields and solid returns.The main house is full of charm, with 4-5 spacious bedrooms, two separate lounge areas, and two family bathrooms, along with an ensuite in the master bedroom. The open-plan layout is full of natural light and it's perfect for family life and entertaining. Recently updated with a new roof and ample garaging, the home also features a large back section, perfect for children to play or for further outdoor development.In addition to the main house, the property includes four separate rental units. Built with Lockwood and concrete block interiors, these units are designed for longevity and low maintenance, making them an excellent choice for investors looking to minimise costs. The rental units consist of three bedsits and a one-bedroom unit, appealing to a wide range of tenants looking for affordable living in a great location.The dwellings are all Healthy Homes compliant and fully tenanted, providing a secure, consistent rental income. The combination of the character-filled main house and the four rental units offers a rare dual-income opportunity for savvy investors, making this property an attractive and versatile option in today’s market.Whether you’re an experienced investor or someone looking to diversify your portfolio, this property offers a unique chance to secure long-term financial returns. Its prime location, modern compliance, and excellent rental potential make it a smart, low-risk investment that will continue to provide value for years to come.Contact Team Alannah and Brendon for more information about viewings, or for copies of documentation for this property.