1-4/494 Ferguson Street, Palmerston North Central, Palmerston North, Manawatu-Wanganui

Attention: Astute investors seeking a low maintenance investment in a prime, central location.

Consisting of 3x five bedroom flats and 1x four bedroom, equaling 19 bedrooms in total on one freehold title, in a desirable location near bus stops, fantastic schooling and a very short walk to the city centre - it's an investor's dream.

Each property has a spacious kitchen with a retro booth dining space plus a separate living room, bathroom with a shower and vanity, a separate toilet room, and all bedrooms have good wardrobe space. Each laundry is off a separate external door, and there is sufficient off street parking.

Currently returning a total of $2115 per week, although an updated rental appraisal suggests up to $2570 per week ($133,640 annually) could be achieved.

A rare opportunity to secure your financial future. Viewing will be via a guided tour on Sunday starting at 11:00am sharp. We look forward to seeing you then and there.

Tenders closing 12:00pm on Wednesday 20th November 2024 (no prior sale), 252 Broadway Avenue, Palmerston North.