9 Hollows Crescent, Takaro, Palmerston North

price TBC

4

Bedrooms

2

Bathrooms
sold-flag

Investor's dream - high yield opportunity!

Unlock the potential of this outstanding property offering a remarkable yield of 6%+. Nestled on a spacious 948 sqm (approx) section, this property features two separate units and presents a multitude of possibilities for the astute buyer. Conveniently located within a mere six-minute drive to essential amenities such as the hospital, City Centre, schools, and industrial areas, this property is a prime investment opportunity. With two existing dwellings, both generating attractive income streams, you can start reaping the rewards from day one. The expansive site area also opens up long-term prospects for savvy investors. With the potential to subdivide, subject to council consent, and a minimum subdivision size of 350m2 (approx), you have the opportunity to maximize the zoning and explore further development options. Unit One offers single-level living with two bedrooms, a well-appointed bathroom, open-plan living and kitchen spaces, and a versatile laundry/utility room. Meanwhile, Unit Two boasts an open-plan lounge and dining area that seamlessly flows into the kitchen, two spacious double bedrooms with brand-new carpeting, and a separate laundry. Together, these units command a combined rent of $880.00 per week. Palmerston North currently ranks as one of the highest-yield rental markets in the country, making this property an attractive addition to any investment portfolio. A convenient shed in the backyard provides essential storage for garden maintenance equipment. Each unit comes with its dedicated carport, and there's ample space to allocate additional parking as needed. Whether you're looking to expand your investment portfolio or explore various living arrangements, this property offers multiple opportunities to suit your needs. Don't miss this chance to secure a high-yield property with substantial potential for future growth. Contact us today for further information and to seize this exceptional opportunity!

Chattels

Clothesline, Electric Stove, Extractor Fan x4, Light Fittings, Mirrors, Smoke Detectors x4, TV Aerial (Freeview), Washing Machine Taps (Excluded Chattels: The curtains in the rear flat belong to the tenant )
9 Hollows Crescent, Takaro, Palmerston North

Web ID

BU109897

Floor area

140m2

Land area

948m2

District rates

$6295.74pa

Regional rates

$685.88pa

LV

$465,000

RV

$670,000

4

Bedrooms

2

Bathrooms
price TBC
View by appointment

Contact


Akbar Fazal

Akbar Fazal

View phone

View Profile

Property enquiry

Property enquiry for
BU109897

About the location


Satellite

You might also like


BU237470

3

Bedrooms

1

Bathrooms

1

Garages

This townhouse will be the one you have been waiting for. Modern, low maintenance and superbly located, it offers an easy-care lifestyle without compromising on space or practicality. Built in 2013, this 137m2 (more or less) brick home is designed for easy living. Double glazing, a practical layout and low-maintenance grounds mean there is less to worry about and more time to enjoy your home. The light and bright open-plan kitchen, dining and lounge is the heart of the home. The kitchen features a centre island and walk-in pantry, while the lounge is equipped with a heat pump and stacker doors that open seamlessly to a lovely sunny courtyard. A central hallway leads to three bedrooms, with the master enjoying a walk-in wardrobe and convenient access to the main bathroom. Completing the picture is a single internal-access garage, which also houses the laundry. Outside, the 372m2 (more or less) rear section is wonderfully easy care, with no lawn to mow and a garden shed providing useful storage. Location is another standout. Just a stone's throw from Palmerston North Hospital and within Palmerston North Boys' High School, Russell Street School and Ross Intermediate zones, this is a smart choice for professionals, families, downsizers or anyone wanting a low-maintenance home close to the city's key amenities. Modern, practical and easy to own - this is one you will want to see.

Buyers $719,000+
BU236147

3

Bedrooms

1

Bathrooms

2

Garages

If easy living, excellent convenience and a home you can simply move into appeal, this brick townhouse deserves your attention. Privately positioned on a rear section, this single-level home offers a wonderfully practical layout with low-maintenance living at its heart. The 443m2 (approx) section is easy-care, while the patio provides a lovely space to enjoy the outdoors, with a garden shed adding useful storage. The open-plan kitchen, dining and lounge form the social hub of the home. The kitchen features a central island, while two sets of French doors allow the living space to flow effortlessly outdoors, creating a wonderful connection with the patio and making entertaining a breeze. Comfort is well catered for too, with the choice of a heat pump or cosy gas fireplace, complemented by a SmartVent ventilation system to keep the home fresh and dry throughout the year. There are three bedrooms, with the main bedroom enjoying its own direct access into the main bathroom. A separate toilet adds everyday practicality, while the double garage provides internal access and conveniently houses the laundry facilities. And then there is the location. Positioned in popular Terrace End, you're within easy reach of the Terrace End shops, supermarkets and Palmerston North's CBD - whether you prefer to walk or make the short drive. Families will also appreciate the excellent school zoning, including Hokowhitu School and Palmerston North Boys' and Girls' High Schools. Whether you're looking for a comfortable home to enjoy now, or a property you can secure today and move into when the time comes to downsize, this one offers plenty of flexibility.

Buyers $639,000+
BU230700

3

Bedrooms

1

Bathrooms

2

Garages

Tucked away down a private lane in ever-popular Riverdale, this spacious 145m2 (more or less) townhouse offers comfortable, low-maintenance living in a location that continues to be highly sought after. Constructed from dependable brick, tile and aluminium, the home has been designed for easy ownership while making the most of its sunny aspect. The open-plan kitchen and dining area flows seamlessly to a sunny deck, creating the perfect spot for an afternoon cuppa. Double doors connect through to a separate lounge, where gas heating provides year-round comfort. From the lounge, doors open to a private rear patio and secure backyard. Accommodation is sorted, with three double bedrooms serviced by a bathroom featuring a shower, bath and vanity. A separate toilet and separate laundry add everyday convenience, while the carpeted double garage provides excellent practicality. Families will appreciate being zoned for Riverdale and Awatapu Schools, while the nearby river walkway, Paneiri Park and local Four Square make this a wonderfully convenient place to call home. Tidy, well-presented properties in this location are always in demand. Don't miss your opportunity - act quickly and make your move today.

By Negotiation

Request for information files


Terms of Supply

By accepting the information contained in the Property Brokers Information Files, I acknowledge I have read, understood and accepted the terms on which the information is made available:

  • It is acknowledged that any LIM report/builders reports/title search information or other property information documents that have been supplied by Property Brokers have been provided to interested potential buyers for general information purposes only, and may not have been sourced directly from providers by Property Brokers.
  • Neither Property Brokers nor their client (vendor) warrant the accuracy, completeness or currency of this documentation and nor do they accept liability for any errors or omissions in these documents.
  • All interested potential purchases should conduct their own due diligence, and obtain and rely on their own documents and legal/specialist advice as required from a person/company of their choosing.
  • Any purchase decisions are made entirely on reference of potential purchasers own judgement and they have satisfied themselves on all aspects of the property independently. Such decisions have not been made upon reference of the documents received in the Information Files supplied by Property Brokers.
  • By requesting the Information Files, you give consent for the real estate agent to communicate with you.