182-186 Ruahine Street And 303 Grey Street, Palmerston North
price TBC
658m2
230m2
For sale - land and buildings
Candy Corner, on the corner of Grey Street and busy Ruahine Street, is a well-known brightly painted dairy. The current tenants occupy a two bedroom flat adjacent to the dairy. They have a lease in place with an expiry of 29 April 2028. Off road parking for the tenants is accessible from both Ruahine and Grey Streets. Good customer parking is situated on Ruahine Street, in front of both tenancies. Spice and More is a separate building, also with a lease in place until 30 June 2026. This building has been seismically strengthened, reports, certification and copies of the leases are available on request. Total land area 658m2, (two Titles), RV $506,000 (both titles). Auction date: Thursday 29th April at 1.00pm, 240 Broadway Avenue, Palmerston North (unless sold prior)
Chattels
182-186 Ruahine Street And 303 Grey Street, Palmerston North
Web ID
BC81856
Floor area
230m2
Land area
658m2
District rates
$6222.67pa
Regional rates
$598.88pa
LV
$331,000
RV
$506,000
price TBC
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If you're in the market for a property that can provide both a residence and a potential source of rental income, then this is the one for you. With its central location and 647m2 (approx) of land, it offers a fantastic opportunity for buyers looking for a home and income investment. The main residence is a comfortable home that features two generous bedrooms, one bathroom and a large living area. In addition to the main residence, there is also a two bedroom rental attached to the main house, providing an opportunity for rental income or additional accommodation for family members. The property's potential for personalisation and improvement means that it is an excellent opportunity for buyers who are looking for a long-term investment that can grow in value over time. Whether you are looking to create your dream home or generate income through rental properties, this property offers a flexible and customisable option that can meet your needs. The property's location is a significant selling point, with a two minute walk to the Plaza, the center of town and zoned for great schools. This central location makes it an attractive option for renters, increasing the potential for rental income. If you're interested in learning more about this property, don't hesitate to get in touch with me. Don't delay - call today.
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