16 Manuka Street, Hokowhitu, Palmerston North City, Manawatu

16 Manuka Street, Hokowhitu, Palmerston North City, Manawatu Nine Bedrooms, Three Apartments $86,000 Gross

Located in the heart of Hokowhitu, within walking distance to the Lagoon, Girls' High School, prominent primary schools and Massey University this unique property provides a multitude of living and investment opportunities.

This large nine bedroom well built 1950's home, divided into three independent apartments provides a gross rental income of $86,000 per annum. Each apartment has been tastefully renovated with new kitchens, tiled bathrooms and freshly painted decor throughout.

Flat B is a ground floor three bedroom apartment with a large lounge. Flat A is upstairs with stunning views and four double bedrooms including an en-suite. Flat C is on the upper level with a separate entranceway and balcony and features two double bedrooms, also with views.

All have established tenants in place yet could easily accommodate a multi-generational family. Two entranceways from the street allows for privacy and off-street parking.

Invest wisely and reap the reward's of an excellent investment in this leading location.

* Some images have been virtually staged.

AUCTION: 1:00 p.m. Wednesday 19 February 2025, NZSIR Palmerston North Office (unless sold prior)