Here is a fantastic opportunity to purchase a fully tenanted and lucrative block of 5 units, located in the centre city of Whanganui. Our Vendor has meticulously renovated this block over the last few years and offers an astute investor a turnkey operation. All of the tenants are willing and eager to stay on. Investor summary: • The block is divided into 5 units (each 118m2 more or less), each on their own title. • Each unit has 2 bedrooms, 1 living area, 1 kitchen, and 1 bathroom. • Each unit has their own large basement garage with a laundry area, for safe and secure off-street parking. • The units have a combined gross return of $2260 p/w. • All units are Healthy Homes compliant. Recent renovations include: • New Coloursteel roof. • Extensive double glazing. • New front and rear doors. • Repainted exterior and interiors. • New carpets in Unit 1, 3 & 5. • Gated courtyards installed. • Heat pump in each unit. The units are located centrally, allowing residents an easy walk to town, amenities, and transport. The river is also a short distance away. Contact us for further information on this fantastic opportunity. Viewing will be strictly by appointment only.