171-4/173 Park Road, West End, Palmerston North

price TBC

7

Bedrooms

5

Bathrooms

1

Garages
sold-flag

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 Park - Auto Garage Door Opener and 2x Remote, Blinds, Clothesline, Dishwasher, Drapes, Electric Stove Under Bench, Fixed Floor Coverings, Heat Pump and Remote, Induction Hob, Range Hood, Security Lighting, Security System, TV Aerial (Freeview), Washing Machine Taps, Dryer, Washing Machine, Bosch Appliances 173/4 Park x3 - Heat pump and remote, Fixed floor coverings - carpet and vinyl flooring, Electric stove – freestanding, Rangehood, Extractor fan, Drapes, Pinex ceilings, 570mm washing machine space
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

7

Bedrooms

5

Bathrooms

1

Garages
price TBC
View by appointment

Contact


About the location


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