7 Terrace Street, Roslyn, Palmerston North
price TBC
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What an opportunity!
Opportunities like this don't come often. When looking for an investment property you want to know who your target tenants are. This has many options, being so close to the hospital - you're literally directly across the road. Featuring 2x1 bedroom, 1x1 bedroom plus office and 1x2 bedroom - allowing for different needs. Currently three are tenanted, and family living in the fourth. There are four income streams yet only one fence, one roof, one lawn and one exterior to maintain! Admin is easier with only the one set of rates for PNCC, Horizons and one insurance to address. Located near PN Hospital, St Mary's school, netball/tennis courts, Kauri Health, Freyberg swimming pool, Terrace End shops... we could go on. This is a fantastic opportunity for someone wanting to secure their future financial position.
Chattels
7 Terrace Street, Roslyn, Palmerston North
Web ID
BU200029
Floor area
238m2
Land area
1,019m2
District rates
$10,001.43pa
Regional rates
$903.90pa
LV
$540,000
RV
$945,000
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price TBC
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An outstanding opportunity to secure an investment property comprising two individually tenanted flats on a single title - a smart addition to any property portfolio. Ideally positioned in a central location, the property is within easy walking distance of Terrace End shops, supermarkets, and local amenities, ensuring strong tenant demand from such a practical central location. Each flat is well configured, offering two bedrooms, a bathroom complete with shower, toilet, and vanity, a functional kitchen with integrated laundry facilities, and a comfortable living area. A heat pump in each flat provides year-round comfort. The front flat (approximately 63m2) benefits from a modern single garage, along with a storage shed, while the rear flat (approximately 56m2) enjoys off-street parking and partial double glazing. Set on an easy-care section requiring minimal upkeep, this is a hassle-free addition to any investment portfolio. Currently returning a combined rental income of $935 per week, the property will be offered with vacant possession for Flat 1 and a periodic tenancy in Flat 2, with a tenant who would be happy to remain. Photos of Flat 1 are available upon request, along with the property information files - enquire today.
By Negotiation
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Note: each unit is priced at $425,000 each. Get in quick to take your pick! Buy any unit and receive a $1,000 fuel voucher on settlement - courtesy of the vendor! Three smartly presented two-bedroom units offering a fantastic opportunity for both homeowners and investors alike. Each unit features a generous lounge with heat pump, separate kitchen and bathroom, creating comfortable and practical living. Built in 1970, the units are constructed with reliable brick cladding and aluminium joinery for low-maintenance ownership. Positioned privately down a driveway on a 948m2 (more or less) section, the grounds are tidy and easy-care with room for your own gardens, lawn space and shelter provided by established silver birch trees. Each unit has its own carport at the front along with a clothesline and storage shed to the rear. Located in a sought-after part of Palmerston North, the property is zoned for Palmerston North Boys' High School, close to Palmerston North Hospital and within easy walking distance to the city centre. Healthy Homes compliant and currently returning $1,430 per week, this is a smart addition to any portfolio, a great chance to secure multiple dwellings on one title or an affordable home! Call me today or come along to the open home!
By Negotiation
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Tucked on the city's fringe, this two-bedroom brick unit offers low-maintenance living in a desirable cul-de-sac setting. Step inside to discover a spacious kitchen with ample cupboard space, flowing through to a separate lounge and dining area complete with a heat pump for year-round comfort. Practicality continues with a single internal access garage featuring an automatic door and integrated laundry facilities. The bathroom includes both a shower and bath, complemented by the added convenience of a separate toilet. Outside, the minimal garden and durable brick and aluminium construction ensure easy upkeep - perfect for those seeking a carefree lifestyle. Location is key here. Enjoy the ease of walking to Countdown supermarket, the local pharmacy, and Annie's Takeaways, while the city centre is just minutes away. An excellent option for downsizers, singles, or savvy investors alike, with a current rental appraisal of $420 - $450 per week. See the potential for yourself - arrange a viewing today.
Buyers $385,000+
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