1117 Karamu Road North, Mayfair, Hawke's Bay

SoldDec 5, 2025

1117 Karamu Road North, Mayfair, Hawke's Bay

Amount undisclosed

864 m²

House

•

30+ days on the market

Sold: Dec 5, 2025

What's around 1117 Karamu Road North

Endless Potential With High Yield & Opportunity

Potential uses include (subject to HDC approval/due diligence - however many consents already approved): • Two separate private rentals - strong income potential with over 10% return • Home & income configuration • Accommodation for extended or blended families • RSE or worker housing • Development site - potential for new 3-storey builds Perfectly positioned in central Hastings, this property boasts a proven rental history, most recently generating $1,650 per week. Now vacant and ready for immediate possession, it offers a multitude of possibilities - from continuing as a high-performing investment to creating a flexible home and income setup, or future redevelopment. Recent upgrades include: • New Roof • Updated Electrical System • Freshly Painted Exterior • Healthy Homes Certificate Issued August 2025 All the hard work has been done - this property is primed for its next chapter. With excellent returns, a central location, and exceptional versatility, this is an opportunity that won’t last! Contact Alicia Kennedy today on 027 828 1444 | Modern Real Estate | Your Go-To Woman LIM Report and Building Inspection currently underway and will be available on request.

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Seller's review

5 months ago

Verified Review

We can’t recommend Alicia highly enough!

Selling our property was a long journey due to its unique nature, but from start to finish Alicia went the extra mile without ever losing enthusiasm or belief in the process. Her drive, effort, and dedication were exceptional, and she consistently kept us informed and confident a sale would come. We couldn’t be happier with both the experience and the result - Alicia is an outstanding real estate agent!

Tamara And Peter

Seller