171-4/173 Park Road, West End, Palmerston North
price TBC
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Nest and invest - opportunity awaits!
This is an excellent opportunity to purchase multiple investment properties or a home, plus investment property in one go! A brand spanking new three-bedroom, two-bathroom town house and a block of three units containing 1x two-bedroom, one-bathroom unit and 2x one-bedroom, one-bathroom units. Very seldom do we see such a great investment property, very well and centrally situated, spread across two separate titles. The first title (171 Park Road) sits on a 480m2 section, encompassing immaculately manicured grounds and a brand-new brick 128m2 three-bedroom townhouse featuring two-bathrooms, open plan kitchen/dining/living with top-of-the-line Bosch appliances throughout. Handmade drapes, centralised heat-pump unit, plus wall and ceiling insulation to ensure comfort throughout every season. Boasting an internal access carpeted single garage, plus additional off-street parking. This property is currently vacant but has an estimated rental appraisal of $630 - 680 per week. The second title (173/4 Park Road) sits on a 643m2 section, encompassing a 186m2 block, with off-street parking, broken down into three separate brick units - 1x two-bedroom, one-bathroom unit and x2 one-bedroom, one-bathroom units. All boasting heat pumps, ceiling, and some wall insulation, and are Healthy Homes Compliant. The rear one-bedroom, one-bathroom unit has just had face-lift boasting a brand-new kitchen, and brand-new bathroom, finished to an immaculate standard. All three units are currently tenanted with amazing long-term tenants that would love to stay on, with a current net rent for all three of $750 per week - consider this figure as a starting point. This is smart buying - take the thinking out of your next investment move and call me today to discuss this excellent opportunity further!
Chattels
171-4/173 Park Road, West End, Palmerston North
Web ID
BU115461
Floor area
314m2
Land area
1,123m2
District rates
$6,979.95pa
Regional rates
$1,252.73pa
LV
$1,030,000
RV
$1,830,000
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price TBC
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Tucked privately down a long driveway directly across the road from Ongley Park, 123D Park Road delivers the kind of space, convenience, and lifestyle that growing families dream about. Offering a substantial 275m2 (more or less) floor area, this impressive two-storey home combines solid construction with a surprisingly modern feel throughout. Built in the 1990s with timeless brick and cedar cladding and a durable concrete tile roof, the home has been beautifully refreshed with brand-new carpet throughout, creating a warm and contemporary atmosphere. Downstairs is designed for effortless family living, featuring a generous lounge, dining area with heat pump, well-appointed kitchen, second family living room with another heat pump, dedicated office, full bathroom, separate toilet, and separate laundry. The double internal access garage adds everyday practicality, while multiple living spaces give everyone room to spread out. Upstairs, four genuine bedrooms provide excellent accommodation. The oversized master suite is a true retreat, complete with a large ensuite and walk-in wardrobe plus its own heat pump, while the remaining bedrooms are serviced by a second family bathroom. Step outside and discover your own private sanctuary. Thoughtfully landscaped with pavers, raised garden beds, charming boardwalks, and a stunning feature water fountain, the outdoor setting feels peaceful, secluded, and incredibly inviting. Location is another standout here. Families will love the easy walk to Palmerston North Girls' High School, while zoning for Palmerston North Boys' High School, College Street Normal School, and Palmerston North Intermediate Normal School adds to the long-term appeal. Homes offering this much space, privacy, and school zoning in such a tightly held location are rarely available.
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Stunning modern design, built with families in mind, and boasting stylish finishings throughout, this 198m2 (approx) three bedroom, two bathroom home is the complete package. Featuring a gorgeous exterior of clean-cut and crisp white and brick with cedar accents this is the second, middle home in the KPA Properties Ltd Batt St development, sharing a driveway with the third. Enjoy the heart of the home, open-plan living, dining and kitchen area, with modern appliances and a good-sized scullery. The master is set apart from the other two bedrooms, with walk-in-wardrobe and beautifully tiled ensuite, underfloor heating, a double basin and double mirrors. The other wing of the home has a large, family bathroom with bath, two bedrooms and a separate rumpus room, perfect for a gaming/movie room set-up or additional living room for guests. A separate convenient toilet is also available near the living area. Of course, it also has ducted heat pump, double-glazing and a double internal access garage! Well-positioned on the 518m2 section (approx), fully landscaped with a large outdoor entertainment area at the back of the home, north-facing to make the most of the sunshine! The location is perfection with town, the Esplanade, and the river walkway close by. Get in quick! Call today or come to our open home!
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