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Palmerston North 113 Featherston Street

10 Bedrooms5 Bathrooms5 Car-parkingID BU72987
Buyers $1,270,000+

A rare find - too good to miss

Own them all 5 x 2-bedroom units! As an investor the opportunity to be able to own all the units in a multi-unit complex is rare, which is what makes this five-unit complex on the one title so appealing. Any savvy investor will see the advantage of being able to control your whole investment. Currently fully tenanted with a mix of periodic and fixed term tenancies. Returning $1,470 per week and equating to $76,440 per annum. Units: A, B, D, E feature two bedrooms, an open plan lounge/dining and kitchen, bathroom with shower, toilet and vanity and separate laundry off the kitchen. Each unit has an attached single carport. Unit C - features: open plan living/dining, separate kitchen, bathroom with a bath, shower unit and vanity, separate toilet and separate laundry exits to a small private backyard. To complete this picture there is a standalone single garage. All units have insulation in the ceiling and underfloor and a Compliance Certificate. Within walking distance to a dairy/takeaway, pharmacy, The Warehouse, supermarkets, the Manawatu Arena and so much more. These amenities are a great attraction for tenants. We are proud to present this multi-unit complex for sale and encourage you to view at your earliest opportunity. I await your call!
CHATTELS  Fixed floor coverings   |   Light fittings   |   Electric Stove x5   |   Drapes   |   Net Curtains   |   Washing Machine Taps x5   |   Smoke Detectors x14
Features
Area | 400.00m2Land | 1166 m2Regional Rates | $6,680.04paLV | $325,000RV | $680,000
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Fraser Bell

M  027 330 0025  P  06 359 2996

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