For sale by Auction, 11.30am, Fri 24 Oct 2025 (will not be sold prior) Bayleys, 243 Broadway Avenue, Palmerston North.

Bayleys is proud to present an outstanding investment opportunity nestled in a quiet cul-de-sac in a highly sought-after location. This unique offering includes six one-bedroom units spread across two blocks of three, plus a spacious four-bedroom home with a garage.

Each unit features its own carport, with additional on-site parking available. Constructed in roughcast with timber joinery (aluminium toilet windows as an exception), the units have original kitchens and upgraded bathrooms. Each unit is compliant with Healthy Homes Standards, offering peace of mind to investors.

The main dwelling is a generously sized four-bedroom home with an added conservatory that captures all-day sun. It includes three double bedrooms and one single, supported by a family bathroom and separate toilet. The large lounge features a heat pump and wood-burner, opening into a family dining area and sun-filled conservatory. The kitchen is original, equipped with an electric stove. Interior décor and carpet are in original condition, offering scope to add value.

Additional features include:

• A single garage and a large storage shed
• Two hot water cylinders
• A glasshouse with power and water, currently used as a communal space

This is an exceptional opportunity for savvy investors - live in the home and benefit from the steady income currently generated by the units, or rent the entire property for an excellent return.