9 Hollows Crescent, Takaro, Palmerston North

price TBC

4

Bedrooms

2

Bathrooms
sold-flag

Investor's dream - high yield opportunity!

Unlock the potential of this outstanding property offering a remarkable yield of 6%+. Nestled on a spacious 948 sqm (approx) section, this property features two separate units and presents a multitude of possibilities for the astute buyer. Conveniently located within a mere six-minute drive to essential amenities such as the hospital, City Centre, schools, and industrial areas, this property is a prime investment opportunity. With two existing dwellings, both generating attractive income streams, you can start reaping the rewards from day one. The expansive site area also opens up long-term prospects for savvy investors. With the potential to subdivide, subject to council consent, and a minimum subdivision size of 350m2 (approx), you have the opportunity to maximize the zoning and explore further development options. Unit One offers single-level living with two bedrooms, a well-appointed bathroom, open-plan living and kitchen spaces, and a versatile laundry/utility room. Meanwhile, Unit Two boasts an open-plan lounge and dining area that seamlessly flows into the kitchen, two spacious double bedrooms with brand-new carpeting, and a separate laundry. Together, these units command a combined rent of $880.00 per week. Palmerston North currently ranks as one of the highest-yield rental markets in the country, making this property an attractive addition to any investment portfolio. A convenient shed in the backyard provides essential storage for garden maintenance equipment. Each unit comes with its dedicated carport, and there's ample space to allocate additional parking as needed. Whether you're looking to expand your investment portfolio or explore various living arrangements, this property offers multiple opportunities to suit your needs. Don't miss this chance to secure a high-yield property with substantial potential for future growth. Contact us today for further information and to seize this exceptional opportunity!

Chattels

Clothesline, Electric Stove, Extractor Fan x4, Light Fittings, Mirrors, Smoke Detectors x4, TV Aerial (Freeview), Washing Machine Taps (Excluded Chattels: The curtains in the rear flat belong to the tenant )
9 Hollows Crescent, Takaro, Palmerston North

Web ID

BU109897

Floor area

140m2

Land area

948m2

District rates

$6295.74pa

Regional rates

$685.88pa

LV

$465,000

RV

$670,000

4

Bedrooms

2

Bathrooms
price TBC
View by appointment

Contact


Akbar Fazal

Akbar Fazal

View phone

View Profile

Property enquiry

Property enquiry for
BU109897

About the location


Satellite

You might also like


BU230700

3

Bedrooms

1

Bathrooms

2

Garages

Tucked away down a private lane in ever-popular Riverdale, this spacious 145m2 (more or less) townhouse offers comfortable, low-maintenance living in a location that continues to be highly sought after. Constructed from dependable brick, tile and aluminium, the home has been designed for easy ownership while making the most of its sunny aspect. The open-plan kitchen and dining area flows seamlessly to a sunny deck, creating the perfect spot for an afternoon cuppa. Double doors connect through to a separate lounge, where gas heating provides year-round comfort. From the lounge, doors open to a private rear patio and secure backyard. Accommodation is sorted, with three double bedrooms serviced by a bathroom featuring a shower, bath and vanity. A separate toilet and separate laundry add everyday convenience, while the carpeted double garage provides excellent practicality. Families will appreciate being zoned for Riverdale and Awatapu Schools, while the nearby river walkway, Paneiri Park and local Four Square make this a wonderfully convenient place to call home. Tidy, well-presented properties in this location are always in demand. Don't miss your opportunity - act quickly and make your move today.

By Negotiation
BU215155

3

Bedrooms

2

Bathrooms

2

Garages

Tucked away on a private back section in one of Palmerston North's most sought-after areas, this appealing 2004 brick home offers the perfect blend of low-maintenance living and modern updates. With three bedrooms and two bathrooms, it's a versatile choice for families, professionals, or downsizers looking for comfort and convenience. Over the past couple of years, the property has benefited from thoughtful upgrades including a new hot water cylinder, dishwasher, and laundry tub, along with the servicing of an alarm system and the garage door giving buyers added peace of mind. Brand new carpet has just been laid making it cosy and beautiful. The solid brick construction ensures durability, while the easy-care design means you can spend more time enjoying the lifestyle this location provides. Set back from the road, the home offers privacy and security, all within a neighbourhood known for its popularity and excellent amenities. This is a smart opportunity to secure a well-maintained home in a prime area. With the hard work already done, you can simply move in and enjoy.

By Negotiation
BU219823

3

Bedrooms

2

Bathrooms

2

Garages

Step into effortless living with this generously proportioned 160m2 (approx.) townhouse, thoughtfully designed to offer comfort, flexibility, and modern convenience. Featuring three bedrooms and two beautifully appointed bathrooms, the layout provides excellent separation of spaces to suit a range of living arrangements. The downstairs bedroom is a standout, ideal as a master suite for those wanting single-level living, or perfect for guests or extended family. It's paired with a large, fully tiled dual-access bathroom, adding practicality and ease. Upstairs, two additional bedrooms and a second bathroom create a peaceful retreat away from the main living zone, ideal for teenagers, flatmates, or a dedicated work from home setup. At the heart of the home is the expansive open-plan kitchen, dining, and lounge, a light-filled space designed for connection and everyday comfort. This inviting area flows seamlessly to a private outdoor courtyard, perfect for entertaining, unwinding, or enjoying your morning coffee in the sun. The location further elevates the appeal, positioned within sought-after school zones, it's a smart choice for families wanting quality education options close by. You're also just moments from local shops, supermarkets, cafes, and key amenities, making day-to-day living wonderfully convenient. With its generous proportions, low-maintenance design, and superb versatility, this property is an outstanding opportunity for those seeking stylish, easy living without compromise.

By Negotiation

Request for information files


Terms of Supply

By accepting the information contained in the Property Brokers Information Files, I acknowledge I have read, understood and accepted the terms on which the information is made available:

  • It is acknowledged that any LIM report/builders reports/title search information or other property information documents that have been supplied by Property Brokers have been provided to interested potential buyers for general information purposes only, and may not have been sourced directly from providers by Property Brokers.
  • Neither Property Brokers nor their client (vendor) warrant the accuracy, completeness or currency of this documentation and nor do they accept liability for any errors or omissions in these documents.
  • All interested potential purchases should conduct their own due diligence, and obtain and rely on their own documents and legal/specialist advice as required from a person/company of their choosing.
  • Any purchase decisions are made entirely on reference of potential purchasers own judgement and they have satisfied themselves on all aspects of the property independently. Such decisions have not been made upon reference of the documents received in the Information Files supplied by Property Brokers.
  • By requesting the Information Files, you give consent for the real estate agent to communicate with you.