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House

1-4/65 Linton Street PALMERSTON NORTH, Palmerston North City 4410

Sold on 9 Sep 2010
  • 12 Beds
  • 4 Baths
Agents

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House in PALMERSTON NORTH

Central City Investment - TENDER

  • 12 Beds
  • 4 Baths

Fabulous central location. Its a walk to all the "important" places in town, City centre, Supermarket, Cafes, Esplanade - all about 5 minutes walk, you don't really need a car.

My owner tells me this property is rarely empty giving an excellent return on investment.

Flat 1 (1 bedroom) - $125 per week
Flat 2 (2 bedroom) - $170 per week
Flat 3 (1 bedroom) - $130 per week
Flat 4 (2 bedroom) - $170 per week
Income - $595 per week
Total income - $30940.00 per year

You do the sums.
I'm sure you'll be impressed by the return.

With some work you could have a much more attractive return and in this location a top return is almost guaranteed.

For Sale by Tender:
Tender Closes 2pm - Tuesday 7th September at Ray White offices, 188 Broadway Avenue, Palmerston North

Features:
  • Close To Shops
  • Close To Transport
  • Single Garage
Land:

453m² / 0.11 acres

Bedrooms:

12

Bathrooms:

4

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