Unit Unit 1-2, 3 Tiraumea Street, Palmerston North

Deadline Sale 29 October 2026

3

Bedrooms

2

Bathrooms

1

Garages

+31

+30

Two units. One title. Big opportunity.

If you're looking for a quality investment with income already in place, 3 Tiraumea Street presents a fantastic opportunity to secure two well-maintained units on one title, with two excellent tenants already in place who would love to stay. Positioned in a quiet central city cul-de-sac just minutes from the heart of Palmerston North, this property offers the kind of convenience that appeals to long-term tenants. Flat 1 is a tidy one-bedroom unit with two double wardrobes, separate kitchen, living room with outdoor access, combined bathroom/laundry, carport and excellent storage. The living room opens to a partially covered patio, private courtyard and west-facing garden. Flat 2 offers two bedrooms with generous triple wardrobes, master with its own toilet and vanity, modern main bathroom, large kitchen with plenty of storage, combined living/dining, laundry and internal-access single garage. Outdoor living extends to a partially covered patio and private west-facing backyard. Both units are bright, extremely well maintained and easy-care, with fresh light decor, updated flooring, quality curtains and blinds, and their own heat pump. With two established tenants who would love to remain, a central location and two separate dwellings providing dual rental income, this is an investment offering both immediate income and long-term flexibility. Two units. Two great tenants. One title. A compelling investment opportunity. Rental information available on request. Come and see the opportunity for yourself - call me today to arrange your viewing.

Chattels

Auto Garage Door Opener x1 and 2x Remote (1x wall and 1x hand keying), Blinds, Clothesline x2, Dishwasher x2, Drapes, Freestanding Stove - Electric x2, Extractor Fans x3 (x2 in Bathrooms, x1 Kitchen Flat 2), Garden Shed, Heated Towel Rail x1 (Flat 2), Heat Pump x2 and Remote x2, Letterbox x2, Light Fittings, Mirrors x4 (1x Flat 1 and 3x Flat 2), Range Hood x1 (Flat 1), Security Lighting x1 (Flat 2), Smoke Detectors x3, Shower Dome x1 (Flat 2)
Unit Unit 1-2, 3 Tiraumea Street, Palmerston North

Web ID

BU237715

Floor area

211m2

Land area

607m2

District rates

$6,401.39 pa

Regional rates

$662.50 pa

LV

$485,000

RV

$650,000

3

Bedrooms

2

Bathrooms

1

Garages
Deadline Sale (will not be sold prior)

Thursday, 29 October 2026, 4.00pm

Upcoming open home(s)
Sun 11 Oct 01:45PM - 02:45PM

Contact


Property enquiry

Property enquiry for
BU237715

About the location


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18

Bedrooms

6

Bathrooms

Savvy investors take note, an exceptional opportunity awaits at 53B, 53C and 53D Campbell Street, Whanganui. Whether you're looking to purchase one, two or all three freehold properties, this is a rare chance to secure quality residential investments in a highly convenient central location. Each apartment offers six bedrooms and two bathrooms, providing generous accommodation and strong tenant appeal. Positioned close to schools, shopping, public transport and all of Whanganui's key amenities, these properties are ideally located in an area that continues to experience consistent rental demand. The three properties have a combined Capital Value of $1,260,000 and generate an estimated total gross rental income of approximately $93,000 per annum. With a buyer enquiry level of enquiries over $410,000 for each apartment, investors have the flexibility to purchase a single property, build their portfolio with two, or secure all three to maximise their investment potential. Whether you're a first-time investor, looking to expand your portfolio, or seeking a high-yielding investment with scale, this is an opportunity well worth your consideration.

Buyers $410,000+

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