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Back 912 Tamatea Place
Off Market

912 Tamatea Place

Mahora Hawke's Bay

4
1
110 sq.
360 sq.
House
Last sold for $455,000
Shelly RakatauShelly Rakatau, last sold this property on 30 September 2026 after 0 days on market.

Overview

Do the maths - this one adds up!

Investors, take a serious look at the numbers here — because from a rental return and yield perspective, opportunities like this are hard to beat. Currently tenanted at $650 per week, with a rental appraisal of $650–$670 per week this four-bedroom property offers an immediate income stream from settlement day. There is no need to budget for renovations, upgrades or additional work to achieve that return — it is already performing. With four good-sized bedrooms, the property offers exactly the kind of interior space and versatility that appeals to the rental market, while the compact, low-maintenance section keeps ongoing upkeep to a minimum. Another major advantage is the freehold, fee simple title. The vendor has already completed the conversion from cross lease, giving you the simplicity and independence of freehold ownership with no cross lease considerations. A single garage adds further practicality. For investors looking to grow their portfolio, this is a genuinely compelling proposition — strong rent, low maintenance and no immediate capital expenditure required. The numbers stack up from day one. And while the investment case is hard to ignore, the property also offers plenty of flexibility for first-home buyers. With four bedrooms, there is the option of taking in boarders to help with the mortgage, or even purchasing with friends or family to make home ownership more achievable. Whether you're an investor looking for a ready-made, income-producing property or a buyer wanting space and flexibility at an affordable price point, this one deserves serious attention. You won't find 4 bedrooms at this price anywhere else in Hastings right now.

Features

4 bedrooms
1 bathroom
110 sq. floor area
360 sq. lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Mahora over the last 12 months, the estimated median property value of 912 Tamatea Place is $887.3k.

Median value
$887.3k
Estimated value range
$455k - $1.16m
Median days on market
72
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Mahora. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 912 Tamatea Place

2026
Sold
$455,000
30 Sep 2026 by Shelly Rakatau, of Property Brokers Hastings

Happy sellers in Mahora

58%
58% of sellers in Mahora reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 33 reviews in Mahora over the last 12 months.

Local market activity for 4 bedroom houses in Mahora

In the last 12 months, 7 four-bedroom houses similar to 912 Tamatea Place, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mahora

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Harry Panchal

Sellers who recommend Harry Panchal have praised them for being well-prepared

  •   5   (36 reviews)
  •  5 Reviews in Mahora
  •  4 Sales in Mahora
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Pete Scott

Sellers who recommend Pete Scott have praised them for being clear communication, local expert, easy to work with, supportive, friendly, honest and responsive

  •   4.9   (92 reviews)
  •  4 Reviews in Mahora
  •  5 Sales in Mahora
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Caleb Robinson

Sellers who recommend Caleb Robinson have praised them for being clear communication and local expert

  •   5   (31 reviews)
  •  3 Reviews in Mahora
  •  5 Sales in Mahora
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Shona Patterson

Sellers who recommend Shona Patterson have praised them for being clear communication and well-prepared

  •   4.9   (25 reviews)
  •  3 Reviews in Mahora
  •  3 Sales in Mahora
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