1021 Frederick Street, Mahora, Hastings, Hawkes Bay

Set in a popular Mahora location close to schools and amenities is this great investment opportunity. This grand old lady was converted into two, two bedroom flats (circa 1969) and currently rented at a combined rate of $725pw with room to bring in line with current market and the bonus of being re-roofed in 2018 and on concrete piles. Live in one and rent the other to reduce the mortgage repayments or convert back into one dwelling. What a buy and what an opportunity!