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Listing Description

Listed: Tue, 3 Sep

Inner City Investment Opportunity

1, 2, 3, 4, 5/26 Guyton Street, Whanganui Central, Whanganui, Manawatu / Whanganui

Enquiries over $1,500,000

Details

  •   6+ Beds
  •   5 Baths
  •   5 Living areas
  •   590m² Floor
  •   422m² Land
Other Features
  •   5 Separate toilets
  •   5 Garage parking
AttributeValue
Property type
Unit
Parking
5 car garaging
Agency reference
SIMS00065
Broadband in the area Fibre, ADSL, VDSL, Wireless

Description

Here is a fantastic opportunity to purchase a fully tenanted and lucrative block of 5 units, located in the centre city of Whanganui. Our Vendor has meticulously renovated this block over the last few years and offers an astute investor a turnkey operation. All of the tenants are willing and eager to stay on.

Investor summary:

  • The block is divided into 5 units (each 118m2 more or less), each on their own title.
  • Each unit has 2 bedrooms, 1 living area, 1 kitchen, and 1 bathroom.
  • Each unit has their own large basement garage with a laundry area, for safe and secure off-street parking.
  • The units have a combined gross return of $2260 p/w.
  • All units are Healthy Homes compliant.

Recent renovations include:

  • New Coloursteel roof.
  • Extensive double glazing.
  • New front and rear doors.
  • Repainted exterior and interiors.
  • New carpets in Unit 1, 3 & 5.
  • Gated courtyards installed.
  • Heat pump in each unit.

The units are located centrally, allowing residents an easy walk to town, amenities, and transport. The river is also a short distance away.
Contact us for further information on this fantastic opportunity. Viewing will be strictly by appointment only.

*Source: Valocity, REINZ, and WDC (unverified)


Open home times

No times scheduled

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Sims & Co Realty, (Licensed: REAA 2008)
Jude Sims

Jude Sims


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Agent's details

Jude Sims

Jude Sims

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Jeff Sims

Jeff Sims

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Sims & Co Realty, (Licensed: REAA 2008)

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