Sold
505 Featherston Street,
Roslyn, Palmerston North City
Price withheld
Property details
-
Agents
Ray White Palmerston North: Real Estate House Manawatu Limited Licensed (REAA 2008)
188 Broadway Avenue, Palmerston North Palmerston North City 4410
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Chattels
- Stove
- Extractor Fan
- Dishwasher
- Light Fittings
- Floor Covers
- Curtains
- Drapes
- Garden Shed
Featherston street - all full at 505!
The "Crown Jewel" of investment's
6 semi detached 2 bedroom brick apartments plus character villa converted to 2 luxury apartments.
Owned by the same investor for 20 plus years this popular group of apartments is now coming to market.
With a high occupancy rate and repeated approaches from investors wishing to buy, the owner of this property has finally relented and now brings this investment to the market.
All of the 6 x 2 bedroom apartments and character villa (now 2 x 3 bedroom apartments) have been steadily renovated.
These spacious apartments are presented to the market in very good condition and the villa apartments are presented in an as new condition with major renovations completed that have included new piles where required, complete new flooring covered with either carpet or vinyl plank, new kitchen and laundry and bathroom and all new insulation and new heat pumps. The villa apartments have been painted to a high standard - inside and out. The block of 6 were painted a few years ago and are presented in very good condition. They also include double glazing.
There will be very little if any maintenance for the next 10+ years. The six apartments stand in a block at all one level and have a carport for each with additional parking space for the odd visitor.
The driveway is chip sealed and provides adequate turning space.
The villa has off street parking - 2 car parks for each apartment.
The property is nicely landscaped with minimal maintenance required.
Each apartment has been insulated and comes with a heatpump. All apartments meet current Healthy Homes standards.
All apartments meet local council building code requirements.
Bus stop is directly outside.
Current rental return is $185,640 per annum.
Contact Kevin today - 027 448 1956
For further information, please visit: https://rwpalmerstonnorth.co.nz/PNO31090
6 semi detached 2 bedroom brick apartments plus character villa converted to 2 luxury apartments.
Owned by the same investor for 20 plus years this popular group of apartments is now coming to market.
With a high occupancy rate and repeated approaches from investors wishing to buy, the owner of this property has finally relented and now brings this investment to the market.
All of the 6 x 2 bedroom apartments and character villa (now 2 x 3 bedroom apartments) have been steadily renovated.
These spacious apartments are presented to the market in very good condition and the villa apartments are presented in an as new condition with major renovations completed that have included new piles where required, complete new flooring covered with either carpet or vinyl plank, new kitchen and laundry and bathroom and all new insulation and new heat pumps. The villa apartments have been painted to a high standard - inside and out. The block of 6 were painted a few years ago and are presented in very good condition. They also include double glazing.
There will be very little if any maintenance for the next 10+ years. The six apartments stand in a block at all one level and have a carport for each with additional parking space for the odd visitor.
The driveway is chip sealed and provides adequate turning space.
The villa has off street parking - 2 car parks for each apartment.
The property is nicely landscaped with minimal maintenance required.
Each apartment has been insulated and comes with a heatpump. All apartments meet current Healthy Homes standards.
All apartments meet local council building code requirements.
Bus stop is directly outside.
Current rental return is $185,640 per annum.
Contact Kevin today - 027 448 1956
For further information, please visit: https://rwpalmerstonnorth.co.nz/PNO31090
Explore the area
School catchments
- Ross Intermediate Intermediate Years 7-8 State 0.24km
- St Mary's School (P North) Primary Years 1-6 State integrated 0.30km
- Freyberg High School Secondary Years 9-15 State 0.42km
- Terrace End School Primary Years 1-6 State 0.58km
- Russell Street School Primary Years 1-6 State 0.99km
- Carncot Independent School Full primary Years 1-8 Private 1.0km
- Mana Tamariki Composite Years 1-15 State 1.2km
- Roslyn School Full primary Years 1-8 State 1.4km
- Milson School Primary Years 1-6 State 1.5km
- Palmerston North Boys' High School Secondary Years 9-15 State 1.5km
- Parkland School (P North) Primary Years 1-6 State 1.7km
- St Peter's College (Palmerston North) Secondary Years 7-15 State integrated 1.8km
- Queen Elizabeth College Secondary Years 7-15 State 1.8km
- Hokowhitu School Primary Years 1-6 State 1.8km
- Central Normal School Primary Years 1-6 State 2.1km
- College Street Normal School Primary Years 1-6 State 2.2km
- TKKM o Manawatu Full primary Years 1-8 State 2.3km
- St James' Catholic School Te Kura Katorika o Hato Heemi Primary Years 1-6 State integrated 2.3km
- Cornerstone Christian School Composite Years 1-15 State integrated 2.5km
- Palmerston North Girls' High School Secondary Years 9-15 State 3.0km
- Awatapu College Secondary Years 9-15 State 4.1km
- Manukura Secondary Years 9-15 State 5.5km
- Longburn Adventist College Secondary Years 7-15 State integrated 7.7km
- Feilding High School Secondary Years 9-15 State 14.7km
- Hato Paora College Secondary Years 9-15 State integrated 21.2km
- Tararua College Secondary Years 9-15 State 21.9km
- Te Kura aa Iwi o Ngaati Kauwhata Composite Years 1-15 State 23.6km
- Manawatū College Secondary Years 9-15 State 32.5km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Contact Kevin Boniface
Contact Kevin Boniface
Kevin Boniface
505 Featherston Street, Roslyn 4414
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Kevin Boniface
505 Featherston Street, Roslyn 4414