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116 Richard Street, Opotiki, Ōpōtiki

Name: Open Home - 03:00pm - 03:30pm
Start: 2026-07-12T03:00:00.000Z
End: 2026-07-12T03:30:00.000Z
Location: 116 Richard Street

Deadline Sale 23rd Jul

6

2

3

200m²

1,011m²

Two Homes, One Title.. Double the Rewards!

Why buy one home when you can own two?Set on a generous 1,011m² freehold section, this is the kind of opportunity buyers wait for. Two standalone three-bedroom homes on one title, each with its own kitchen, bathroom and living space, opening the door to multiple income streams and endless flexibility.Whether you’re chasing strong investment returns, looking for the ultimate home-and-income setup, or creating space for extended family without sacrificing independence, 116 Richard Street delivers.The numbers speak for themselves. The front home is currently returning $600 per week, while the rear home rental appraisal is $570 - $600 per week, providing a combined rental income potential of $1,200 per week. Live in one and let the second help pay the mortgage, continue renting both for immediate cashflow, or secure a future-proof property that can adapt as your family’s needs change.Both homes have been refurbished throughout and are Healthy Homes compliant, meaning there’s little left to do but reap the rewards. The rear dwelling also has its Code Compliance Certificate currently pending issue, adding further confidence to the improvements completed.Outside, the spacious section provides plenty of room for children, pets and extra parking, while the separation between the two homes offers the privacy that’s often missing from dual-living properties.Properties like this are exceptionally hard to replace. Two fully self-contained homes on one title are always in demand, whether from savvy investors, blended families, multi-generational households or buyers wanting an income stream from day one.One title. Two homes. $1,140 per week in rental income. Endless possibilities.Don’t miss your chance to secure one of Ōpōtiki’s most versatile property opportunities. Contact Sharnika Dowthwaite today to arrange your viewing.Deadline Sale: 12pm Thursday 23 July (Unless Sold Prior)

Additional details

Type

House

Property ID

19238

Listed on

08/07/2026

Updated

an hour ago

Open Homes1

Sun, 12 Jul

03:00PM - 03:30PM

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Listed for sale on OneRoof for 5 days (last updated on 8 July) and was last sold in 2020 for $275,000. OneRoof now estimates this property to be $400,000 and its latest rating valuation by Ōpōtiki council is $380,000 as of 2025. There are 4 6-bedroom properties for sale nearby. There are 72 properties for sale in Opotiki.

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Property data

On OneRoof

4 days

Property Type

House

Floor Area

119m²

Land Area

1,011m²

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Opotiki and Surrounds, Ōpōtiki

Opotiki And Surrounds is a suburb which lies within the Territorial Authority of Opotiki, one of 4 residential suburbs which form the wider region. Opotiki And Surrounds is the largest suburb of Opotiki in terms of the total number of residential housing stock. Opotiki And Surrounds provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1980 - 1989. Residential housing stock in Opotiki And Surrounds is made up of approximately 83% residential housing , 2% residential investment housing and 16% lifestyle properties.

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