Positioned just moments from the New Plymouth CBD, this purpose-built block of four one-bedroom units on a single freehold title is a rare and rewarding find.

A proven performer, the property has recently generated a combined $1,280 per week when fully tenanted, with clear potential to achieve even more. Three long-standing and reliable tenants are eager to stay, providing instant income security and peace of mind for the next owner.

Two of the units include bonus study/utility room with grassy outdoor access and garden sheds - perfect for added functionality or tenant appeal. The remaining two enjoy sunny decks with access to a shared clothesline and additional storage. Each unit comes equipped with a heat pump and off-street parking, ensuring comfort and convenience for all residents.

Options abound - live in one and rent the rest, refresh interiors to maximise returns, or simply hold long-term for reliable income and future capital growth.

Opportunities like this are tightly held and seldom available. Whether you're a seasoned investor expanding your portfolio or a savvy buyer seeking both income and upside, this property delivers on every front.

Four units. One title. Endless potential.

LIM available on request. Enquire now!

Auction Thursday 30 October 2025, 5.30pm at 51 Devon St West, New Plymouth (no prior sale)