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  3. Dual-Income Duplex in Napier — Two Tenancies, 7.1% Gross Yield, Hawke's Bay Investment
Duplex
Residential

Dual-Income Duplex in Napier — Two Tenancies, 7.1% Gross Yield, Hawke's Bay Investment

$649,000 NZD
22 Carlyle Street, Napier South, Napier, New Zealand, Napier, Napier
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Overview

  • Updated On:
  • April 25, 2026
  • 4 Bedrooms
  • -1 Bathrooms
  • 135.00 m2

Property Description

A fully tenanted duplex in Napier delivering two independent rental incomes from a single freehold title. Each unit is a self-contained 2-bedroom, 1-bathroom dwelling with separate entry, separate tenancy agreements, and separate meters. Combined weekly rent delivers approximately 7.1% gross yield at the asking price — among the strongest dual-income yields available in the Hawke’s Bay market. Napier is a mature regional city with a diversified economy anchored in viticulture, horticulture, and port activity. The rental market is structurally undersupplied against population growth, keeping vacancy rates consistently low. This property suits APAC investors seeking maximum yield with minimal management complexity — two separate tenancies means vacancy risk is halved relative to a single dwelling. Enquiries in Hindi welcome. Contact Rajan Mehta directly.

Address: 22 Carlyle Street, Napier South, Napier, New Zealand
City:
Area:
State/County:
Zip: 4110
Country: New Zealand
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Property Id: 34467
Price: $649,000 NZD
Property Size: 135.00 m2
Bedrooms: 4
Bathrooms: -1

Accessibility & Safety
CCTV
Security System
Smoke Detector
Wheelchair Accessible
Interior Features
Equipped Kitchen
Furnished
Gym / Fitness Room
Laundry Room
Media Room
Smart Home System
Investment Highlights
Developer Backed
Foreign Buyer Eligible
Freehold
High Yield
New Build
Off-Plan Opportunity
ROI Potential
Tenanted Property
Location & Lifestyle
City View
Near CBD
Near Transport
Quiet Neighborhood
School Zone
Waterfront
Outdoor Features
Backyard
Balcony
Basketball Court
Front Yard
Garage
Private Garden
Spa / Hot Tub
Swimming Pool
Property Features
Double Glazing
EV Charging Station
Insulation Compliant
Parking
Smart Home
Solar Panels
Utilities & Systems
Central Air Conditioning
Electricity
Heating
High-Speed WiFi
Natural Gas
Ventilation System
Water Supply

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$3,451.42
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 3,235.09

Wed 20 May
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Your information

Rajan Mehta

Independent Investment Property Specialist
64 09 302 1187
64 021 543 229
rajans.mehta@rajanmehta.co.nz
rajanmehta.co.nz

Contact Me

Schedule a showing?
Call 64 09 302 1187 WhatsApp
You can reply to private messages from "Inbox" page in your user account.

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All information regarding 22 Carlyle Street, Napier South, Napier, New Zealand (Property ID: 34467) is provided by the listing member and published by AsetraX for informational purposes. While we strive for accuracy, users are encouraged to perform independent due diligence. AsetraX is not liable for any discrepancies in property data, pricing, or availability. AsetraX is a marketing platform only and is not a licensed real estate agency under the Real Estate Agents Act 2008 (NZ). The listing member is an independent AsetraX member. Member licence details are self-reported and have not been independently verified by AsetraX. To verify NZ agent licence status, visit rea.govt.nz. Overseas buyers are solely responsible for determining their eligibility to purchase under the Overseas Investment Act 2005 (NZ) or applicable Australian foreign investment laws, and for obtaining independent legal advice before proceeding. View our full Terms & Conditions.

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Dual-Income Duplex in Napier — Two Tenancies, 7.1% Gross Yield, Hawke's Bay Investment

Want to find out more?

Contact Me

Schedule a showing?
Call 64 09 302 1187 WhatsApp
You can reply to private messages from "Inbox" page in your user account.
Rajan Mehta