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1-3/11 Pascal Street, Palmerston North, Palmerston North City

Multi-unit investment

dollar

Tender

Unit
Unit
Bedroom
6
Bathroom
3
Floor area
172m2
Land area
754m2
Title type
Freehold
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Property details

Listing # BU220077 | Listed on 10 March

This block presents a genuine multi-income opportunity in a well-established rental area. Three self-contained flats on one title provide immediate scale and a strong yield profile. The units are straightforward and functional, designed for consistent occupancy and ease of management, and all have undergone recent renovations. There is potential scope for further development to the site. The location supports ongoing tenant demand, with amenities and transport links close by. For investors focused on numbers, structure and long-term hold potential, this is a practical portfolio addition. Contact me for further details and viewing times. Will not be sold prior. RV $870K and weekly rental $410p/w each unit.

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Additional features

Roofing: Colorsteel
Exterior Cladding: Concrete Block, Fibre Cement: Fibrolite (Gables), Stucco
Exterior Joinery: Unit 1 - Aluminium Double Glazing, Units 2 and 3 - Mix of Aluminium and Timber - Single Glazing
Lot Features: Fenced - Partial, Right of Way, Street Frontage
Rooms: Dining - Combined Lounge, Separate Kitchen
Internal Features: Heat Pumps x3 (1 per unit)

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