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203 Park Road North

Parkvale Hawke's Bay

3
2
2
809 m²
House
Currently for sale - view listing

Overview

Two Homes - Outstanding Investment Opportunity!

A rare opportunity in sought-after Parkvale, this unique property features two separate homes on a generous 809m2 subdividable section (Subject to council approval), offering exceptional flexibility and strong income potential. Comprising one two-bedroom home and a separate one-bedroom dwelling, divided by two carports, this property is ideal for investors, extended families, or buyers looking to rent out both, live in one home while renting out the other. For example, with a combined current rental income of $990 per week or $51,480.00 per year Based on the figures below, this property offers potential gross yields of approximately 7.50% = $686,400 (Purchase price) 7.25% = $710,068 7.00% = $735,428 making it an attractive addition to any investment portfolio. Properties offering this level of versatility and income potential are hard to find, so don't miss your chance to secure this fantastic opportunity. Deadline Sale closes 2.00pm Wednesday 5 August 2026, Harcourts, 307 Karamu Road North, Hastings (unless sold prior)

Features

3 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
809 m² lot size
House

Happy sellers in Parkvale

85%
85% of sellers in Parkvale reported that their sale price either exceeded or met their price expectations.

Parkvale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Parkvale over the last 12 months.

Local market activity for 3 bedroom houses in Parkvale

In the last 12 months, 22 three-bedroom houses similar to 203 Park Road North, have been sold.

This represents a 9% increase in three-bedroom houses sales when compared to the previous 12 months.

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