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.

*Source: Valocity, REINZ, and WDC (unverified)