This is your opportunity to put all those dreams into action, in a location that will reward your efforts. With a very original 1970s three bedroom dwelling and out-house in place, there is no shortage of opportunity to create either a superb yield rental or family home.

Currently leasehold, this is your chance to secure a property, very affordably now, and purchase the land when time and budget allow, be that immediately or down the track.

Opposite Park Island, with a superb outlook and no chance of losing your view or being built out, this location is a very sound choice and set to reward the savvy buyer, in more ways than one.

As at 9th February 2024, Hawkes Bay Regional Council advised the following;

Annual Lease - $7,200.00

Expiry Date - 16/06/2038

A freeholding valuation will need to be completed for a true cost, however as at 30 June 2023 this value sat at - $200,420. HBRC suggest adding an extra $30,000 to cover any market changes (if any).

Rates for 01/07/2023 - 30/06/2024 rating year -

Napier City Council - $2,492.08

Hawkes Bay Regional Council - $396.01

Call to view today.