$128K Income @ Palmy Prices!

SOLD - This listing was sold in April 2017
These 4 purpose built investment properties are situated on a double inner city location only a few minutes' walk to the CBD. Each block has 6 double bedrooms, with 2 shower rooms, 2 separate toilets, open plan kitchen/living room and good off street parking. The modern construction means they are warm, sunny and low maintenance and are always sought after by Tenants. Already fully tenanted and managed for 2017, so the you can sit back and reap the benefits of a solid residential investment with minimal input. Currently generating a combined income of approximately $128,000 p/a. Why not set up a syndicate ... it's better than money in the bank!

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Main Property Features

Listing Number: PN6514

Land Size:
1416 sqm
Tenure:
Freehold
Approx year built:
2000
House style:
Other (4 x 6 bedroom units)
Unit style:
Number of levels: 2
Garaging / carparking:
Off street
Construction:
Axon Road over Rav Board
Roof:
Longrun
Chattels remaining:
Blinds, Drapes, Fixed floor coverings, Light fittings, TV aerial
Kitchen:
Upright stove and Breakfast bar
Living area:
Open plan
Main bedroom:
Double
Bedroom 2:
Double
Bedroom 3:
Double
Bedroom 4:
Double
Bedroom 5:
Double
Bedroom 6:
Double
Views:
Urban
Aspect:
North
Fencing:
Fully fenced
Land contour:
Flat
Water supply:
Town supply
Sewerage:
Mains
Locality:
Close to schools, Close to shops, Close to transport
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Licensed REAA 2008

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Harcourts Palmerston North

Team Manawatu Realty Ltd

Licensed REAA 2008

252 Broadway Avenue
Palmerston North
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Property Location