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104 Ferguson Street, West End, Palmerston North City

TRIPLE INVESTMENT OPPORTUNITY

dollar

Negotiation

House
House
Bedroom
12
Bathroom
3
Floor area
310m2
Land area
1012m2
Title type
Freehold
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Property details

Listing # PNF4549 | Listed on 1 October

Triple the Homes, Triple the Opportunity

Savvy investors, take note - opportunities like this are few and far between. On a single quarter-acre section, you'll find three stand-alone 4-bedroom homes, delivering triple the income stream from one address.

House A: Periodic tenancy with established tenants eager to remain.
House B: Fixed-term tenancy through to 6 November 2025.
House C: Fixed-term tenancy through to late August 2026.

Currently returning a gross rental income of $1,560pw, all three homes have been solid tenancies for the current owners, providing solid and consistent returns. There is still potential to add further value in the future giving this property serious upside.

This unique offering is available only as a complete package - the homes are not available separately. If you're looking for a solid multi-income investment with strong holding power and room for growth, this is one you won't want to miss.

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Additional features

Style: Conventional
Roofing: Iron
Exterior Cladding: 2 x Weatherboard, 1 x Stucco
Exterior Joinery: Wood

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