203 Park Road North, Parkvale, Hawke's Bay

For Sale

203 Park Road North, Parkvale, Hawke's Bay

Deadline closes 2pm 5 August (Unless sold prior)

809 m²

House

•

6 days on the market

Next inspection:: Saturday 25 July 12:30 PM

Inspection times

25th Jul

Saturday

12:30 PM - 1:00 PM

What's around 203 Park Road North

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)