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Bayleys Manawatu, (Licensed: REAA 2008)
Kelvin Tane Kelvin Tane

333 Botanical Road, West End

Asking price $619,000

Listing Description

Listed: Thu, 13 Nov

Refresh, re-sell, develop or re-rent

333 Botanical Road, West End, Palmerston North, Manawatu / Whanganui

Asking price $619,000

Details

  •   4 Beds
  •   2 Baths
  •   2 Living areas
  •   170m² Floor
  •   572m² Land
Other Features
  •   2 Garage parking
  •   1 Off-street parking
AttributeValue
Property type
Unit
Capital value (CV)
$565,000
Agency reference
3053226
Broadband in the areaFibre, Satellite, Wireless

Description

Whether you're looking for a savvy addition to your portfolio, or a 572sqm (more or less) development site, 333 Botanical Road delivers both opportunities with current rental tenancies providing two income streams on one title.

This property offers two separate two-bedroom flats currently returning a combined $940 per week. That’s income from day one.

The units are tidy but ready for a makeover, perfect for investors who can see the upside. With a refresh or full modernisation, there’s real opportunity to lift rental value and grow long-term returns or take advantage of the medium density residential zone to start something from scratch.

  • Two, two-bedroom units
  • Currently returning $940 per week
  • Tenants on periodic agreements - offering flexibility moving forward
  • Potential to add value with renovation or modernisation
  • Strong rental location, close to shops, schools and transport routes

Whether you're after a cashflow investment, development site, or a value-add project with long-term rewards, 333 Botanical Road is worth a look.

Invest smart. Add value. Grow returns. Get in touch today to arrange a viewing.


Open home times

No times scheduled

Property Files

Kelvin Tane

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Local Schools




While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.



Bayleys Manawatu, (Licensed: REAA 2008)
Kelvin Tane

Kelvin Tane


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Bayleys Manawatu, (Licensed: REAA 2008)

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