Sims & Co Realty is delighted to present this fantastic opportunity to purchase one, two, or three spacious freehold townhouses in a prime, central city location on the corner of Campbell and Dublin Street. This is a prime opportunity for investors looking for solid returns, or individuals looking to purchase a spacious first home opportunity.
Finished in a modern colour scheme and featuring enclosed courtyards and private balconies, these striking townhouses are generously sized and well-appointed. Situated directly opposite the soon-to-be-completed Whanganui Courthouse Precinct, the townhouses offer an easy walk to town, amenities, transport, and the Whanganui River.
Investor Summary:
• Three individually titled Freehold townhouses.
• Previously achieving a combined gross rental income of $93,000 p.a. (approx.). Currently two of the three townhouses are tenanted, with the third recently vacated and currently offered for rent.
• Each townhouse offers 6 bedrooms and 2 bathrooms.
• Each townhouse is set over three levels, offering city views from the upper levels.
• The open plan kitchen, dining and living space is on the ground floor of each townhouse.
• A heat pump is installed in each townhouse.
• Each townhouse offers 1 off-street car park, a secure storage area, and an enclosed courtyard.
• Value-add potential through modernisation and cosmetic upgrades.
Opportunities of this nature with proven rental history are seldom available. Contact us today for further information. Viewing is by appointment only.
To be sold by Deadline Sale, closing 2pm 27 April 2026 (may be sold prior).
Property Summary:
• 53B Campbell Street | CV $420,000 | Land 275m2 | Floor 154m2 | Freehold*
• 53C Campbell Street | CV $420,000 | Land 318m2 | Floor 156m2 | Freehold*
• 53D Campbell Street | CV $420,000 | Land 361m2 | Floor 156m2 | Freehold*
Combined CV: $1,260,000. Combined floor area: 466m2. Combined land area: 954m2
*Sources (unverified): WDC, Valocity Nexus, REINZ
Disclaimer:
*Property information sourced from Valocity, REINZ, and WDC (unverified).