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53B, C and Campbell Street, Whanganui, Whanganui

Triple income opportunity – outstanding investment

dollar

Negotiation

Unit
Unit
Bedroom
18
Bathroom
6
Floor area
466m2
Land area
911m2
Title type
Freehold
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Property details

Listing # WGU230702 | Listed on 24 June

Savvy investors take note, an exceptional opportunity awaits with 53B, 53C and 53D Campbell Street, Whanganui. Offered to the market as one package, these three freehold properties present a rare chance to secure a substantial residential investment in a highly convenient central location. Each property features six bedrooms and two bathrooms, providing generous accommodation and strong tenant appeal. Positioned close to schools, shopping, public transport and all of Whanganui's key amenities, this is a location that continues to deliver consistent demand.

With a combined Capital Value of $1,260,000 and an estimated total gross rental income of approximately $93,000 per annum, the numbers speak for themselves. Based on a guide price of enquiries over $400,000 per property, the estimated gross return sits in the vicinity of 7.5%–7.75%, making this an attractive addition to any investment portfolio. Opportunities to acquire three freehold properties in one transaction are few and far between. Whether you're looking to expand your portfolio or secure a high-yielding asset with scale, this is one worth serious consideration.

Investment Highlights:

  • Three freehold properties sold as one package
  • Six bedrooms and two bathrooms in each dwelling
  • Centrally located, close to all city amenities
  • Combined Capital Value of $1,260,000
  • Estimated annual gross income of approximately $93,000
  • Indicative gross return of around 7.5%–7.75%
  • Guide price of enquiries over $400,000 per property
Contact us today to arrange your private viewing and explore the potential this outstanding investment opportunity has to offer.
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Additional features

Roofing: Colorsteel
Exterior Cladding: Rough Cast/Stucco, Weatherboard: Cedar
Exterior Joinery: Aluminium
External Features: Patio
Rooms: Dining - Combined Kitchen, Dining - Combined Lounge, Separate Laundry
Internal Features: Heat Pump

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