186 Fitzherbert Avenue, West End, Palmerston North
Buyers $1,200,000+
8
2
8
+19
Calling for all investors
This residentially-zoned 874m2 section is in a prime location centrally based between Massey University and the city square. Beautifully presented 273m2 eight bedroom, two bathroom and four toilet home that is currently operated as an accommodation business. The space includes a commercial kitchen and separate dining area. The current owners have operated the facility for the past 25 years very successfully with part time help and with little marketing. The property current has a 10 years lease in remaining (Estimated Gross Yield: 5.31%). If you are looking for a great investment to add to your portfolio, with a future potential as a large family home or opportunities to develop a well-situated plot of land in this vibrant provincial city, you need to talk to me now.
Chattels
186 Fitzherbert Avenue, West End, Palmerston North
Web ID
BU76162
Floor area
273m2
Land area
874m2
District rates
$15244.70pa
Regional rates
$715.62pa
LV
$860,000
RV
$1,050,000