Boundary indicative only

Investment Potential & Development Opportunity

SOLD - This listing was sold in May 2019
Are you looking for a property investment that offers an array of options? One that you could enhance and add to your existing property portfolio? Redevelop the 685m² site to build a statement home for yourself or perhaps even a townhouse or two in the future? This large, four flat residence is in a quiet cul-de-sac close to the PN Hospital and Russell Street School. The dwelling comprises of 2 x one bedroom plus 2 x two bedroom flats currently producing an annual income of approximately $30,000 from long term tenants that are keen to stay. This is a great opportunity if you want an income until you have your plans and development ready to go! Viewing by appointment only, call 027 475 4007.
RV $435,000 make an offer!

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Main Property Features

Listing Number: PN6964

Approx Floor Area:
320 sqm
Land Size:
685 sqm
Property Type:
Apartment
Roof:
Tile and Concrete
Tenure:
Freehold
Approx year built:
1920
Property condition:
Fair
House style:
Character
Garaging / carparking:
Off street
Construction:
Plaster and Weatherboard
Joinery:
Timber
Views:
Urban
Aspect:
North
Fencing:
Partial
Land contour:
Flat
Grounds:
Backyard access
Water supply:
Town supply
Sewerage:
Mains
Locality:
Close to transport, Close to shops, Close to schools
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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
Office website or View office details

Property Location