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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