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37 Albert Street, Palmerston North, Palmerston North

Deadline Sale: 23rd October 2.00PM
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MULTI INCOME INVESTMENT WITH DEVELOPMENT POTENTIAL
Features
8
5
2
319m2
1012 m2
Deadline Sale: 23rd October 2:00PM This is an exceptional opportunity to secure a unique multi-income property in a... Read more
Deadline Sale: 23rd October 2:00PM

This is an exceptional opportunity to secure a unique multi-income property in a prime central location.

The main house at the front of the property has been converted into two flats, both currently rented. There's plenty of scope here - renovate, redevelop or reconfigure to maximise value.

Behind a solid block of three classic 1970s brick and aluminum 2 bedroom units. all tenanted, adds further income security. Each unit is Healthy Homes compliant and on a cross-lease title. Together the properties return a gross rental of $1,780 per week, providing strong holding income while you explore the future possibilities.

Centrally located, close to city amenities, transport and schools, this is an opportunity for investors, developers or land-bankers to secure a rare multi-income property in a growth area.

Limited viewings by registration and appointment.

TO BE SOLD AS ONE BLOCK
DEADLINE SALE 2:00pm Thursday the 23rd October 2025
PN4542
Agent Details
Michele Barnao
Michele Barnao
M:
021 491 933
Ph:
06 350 7206
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