Fairhall, positioned on the corner of Haumoana Road and Parkhill Road, offers a rare opportunity to purchase a piece of Hawke's Bay with substantial capital enhancement potential.
The property comprises a generous 2.64 hectares, two dwellings, extensive shedding, and paddocks. There is currently income via holiday accommodation, homestay, Airbnb, residential tenancy, with further development or entrepreneurial endeavours from the land and/or dwellings.
The original residence a 1930's villa providing 4 bedrooms with en suites, formal and informal living and a kitchen fitted for commercial use. An additional three-bedroom dwelling is currently tenanted, has subdivision potential. There is also an opportunity for a third dwelling to be erected.
Centrally located between Napier and Havelock North, within close proximity to beaches, wineries and rural enjoyment at its doorstep, there truly is endless opportunity to enhance value for the discerning buyer.