Unlock the potential of this outstanding property offering a remarkable yield of 6%+. Nestled on a spacious 948 sqm (approx) section, this property features two separate units and presents a multitude of possibilities for the astute buyer. Conveniently located within a mere six-minute drive to essential amenities such as the hospital, City Centre, schools, and industrial areas, this property is a prime investment opportunity. With two existing dwellings, both generating attractive income streams, you can start reaping the rewards from day one. The expansive site area also opens up long-term prospects for savvy investors. With the potential to subdivide, subject to council consent, and a minimum subdivision size of 350m2 (approx), you have the opportunity to maximize the zoning and explore further development options. Unit One offers single-level living with two bedrooms, a well-appointed bathroom, open-plan living and kitchen spaces, and a versatile laundry/utility room. Meanwhile, Unit Two boasts an open-plan lounge and dining area that seamlessly flows into the kitchen, two spacious double bedrooms with brand-new carpeting, and a separate laundry. Together, these units command a combined rent of $880.00 per week. Palmerston North currently ranks as one of the highest-yield rental markets in the country, making this property an attractive addition to any investment portfolio. A convenient shed in the backyard provides essential storage for garden maintenance equipment. Each unit comes with its dedicated carport, and there's ample space to allocate additional parking as needed. Whether you're looking to expand your investment portfolio or explore various living arrangements, this property offers multiple opportunities to suit your needs. Don't miss this chance to secure a high-yield property with substantial potential for future growth. Contact us today for further information and to seize this exceptional opportunity!

Buyers $699,000+

Welcome to Konini Street Subdivision in the charming township of Tokomaru. These exclusive properties offer the perfect opportunity to build the home of your dreams in a picturesque setting that captures the essence of rural living while enjoying stunning panoramic views. The large sections available in this subdivision range from 8,100m2 to 2.63ha (approx), providing plenty of space for you to create your own bespoke lifestyle. Imagine waking up to incredible views stretching across Tokomaru towards the coast, where you can see the majestic sights of Kapiti Island, Mt Taranaki, and Mt Ruapehu right from your doorstep. The possibilities are endless to design a home that perfectly complements these magnificent surroundings. Embrace the sense of community that Tokomaru offers, with its tight-knit rural atmosphere that fosters a warm and welcoming ambiance. Families will appreciate the convenience of having Tokomaru School and Kindergarten just down the road, catering to children from Kindy age to year 8. For older students, buses to Palmerston North High Schools are readily available, ensuring access to quality education. When it's time to unwind and socialize, residents can head to the Tokomaru RSA and Country Club, where you can enjoy a drink, share a meal, and connect with neighbors in a relaxed setting. Whether you're seeking a peaceful retreat or a place to enjoy the camaraderie of a close-knit community, Konini Street Subdivision provides the ideal canvas for you to build the lifestyle you've always desired. Don't miss out on this exceptional opportunity to secure your piece of paradise in Tokomaru. Contact me today to schedule a viewing and take the first step towards making your dream home a reality in this beautiful location.

From $299,000

Welcome to Konini Street Subdivision in the charming township of Tokomaru. These exclusive properties offer the perfect opportunity to build the home of your dreams in a picturesque setting that captures the essence of rural living while enjoying stunning panoramic views. The large sections available in this subdivision range from 8,100m2 to 2.63ha (approx), providing plenty of space for you to create your own bespoke lifestyle. Imagine waking up to incredible views stretching across Tokomaru towards the coast, where you can see the majestic sights of Kapiti Island, Mt Taranaki, and Mt Ruapehu right from your doorstep. The possibilities are endless to design a home that perfectly complements these magnificent surroundings. Embrace the sense of community that Tokomaru offers, with its tight-knit rural atmosphere that fosters a warm and welcoming ambiance. Families will appreciate the convenience of having Tokomaru School and Kindergarten just down the road, catering to children from Kindy age to year 8. For older students, buses to Palmerston North High Schools are readily available, ensuring access to quality education. When it's time to unwind and socialize, residents can head to the Tokomaru RSA and Country Club, where you can enjoy a drink, share a meal, and connect with neighbors in a relaxed setting. Whether you're seeking a peaceful retreat or a place to enjoy the camaraderie of a close-knit community, Konini Street Subdivision provides the ideal canvas for you to build the lifestyle you've always desired. Don't miss out on this exceptional opportunity to secure your piece of paradise in Tokomaru. Contact me today to schedule a viewing and take the first step towards making your dream home a reality in this beautiful location.

From $289,000