Dual-Income – House & Minor Dwelling - 5.7% Yield

Lot 2 Fairmont View Subdivision, Mapua

Offers Over $379,000

Ref: MAS42241

635 m2
Secure a smart investment with this well-designed 207sqm dual-dwelling home, offering flexibility, strong rental returns, and modern living across two separate spaces for approx. $569,000.

Set on your chosen section (total package approx. $948,000 on Lot 2 which is $379,000), this property combines a spacious family home with a self-contained unit – ideal for investors, extended family, or supplementary income.

Main Dwelling – 143sqm
-3 bedrooms
-1 bathroom
-Double garage

Minor Dwelling – 64sqm
-1 bedroom, 1 bathroom
-Private and separate
-Tea & coffee making facilities
Ideal for family or guest accommodation

To maximise value and income potential, the cost to make this a fully consented second dwelling:
Kitchen installation: approx. $12,000 (versus tea and coffee making facilities)
Fire wall: approx. $10,000–$15,000
Council fees: approx. $28,000
Total package (including upgrades): approx. $998,00

Investment Snapshot
Rental Appraisal:
3-bedroom home: $630/week
1-bedroom unit: $460/week
Total: $1,090/week
Estimated Gross Yield: 5.7%

Why You’ll Love It
-Dual-income potential from day one
-Brand new build – low maintenance, modern appeal
-Banks require lower deposits new-builds
-Flexible living options for extended family or tenants
-Strong rental demand for both dwellings

This is an excellent opportunity to secure a high-performing, versatile investment with excellent long-term appeal.

Titles are due late 2026. Secure with a 10% deposit. For more info call or email Emma

Request Property Pack

Share

{ console.log('Received listingsUpdated event', event.detail); // Check if this is a load more operation if (event.detail.isLoadMore && event.detail.newListings) { // Add only the new listings without clearing existing ones addNewListings(event.detail.newListings); } else { // Regular update - replace all listings updateListings(event.detail.listings || []); } });">