Sold Property

207 & 208 Anzac Parade, Whanganui East, Manawatu / Whanganui 4500

  • 985
  • 202 m2
  • 6
  • 2
  • 2
  • 10

$680,000

Great yield with potential growth

- Stunning investment opportunity in sought after riverfront location.
- Cashflow from two well-presented dwellings with river views.
- 985sqm combined land holding across two sections on one freehold title.

Fresh to the market in 2021, 207 and 208 Anzac Pde represent a unique investment opportunity for the discerning purchaser to acquire two dwellings providing a substantial cashflow and bank valuable capital growth, with potential for further multi-tenanted units to be built.
The investment offers assured income in a housing market putting upward pressure on quality rentals. Both current units are securely occupied and bringing in $800+ per week in income. The two dwellings have been well maintained by the current owner, being built by the Government for Housing Corp in the 1950's the reputation for quality is well known and makes for a low maintenance investment.
Potential which allows for the back section to be subdivided and more units to be built (SUBJECT TO COUNCIL APPROVAL) making this opportunity extremely viable for future capital growth.
In a volatile global environment take peace of mind in how property has performed over the last 12 months and make this your nest egg today for the future. Property ID: #WGU4788

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Sold Date

  • 02 July, 2021

Property features

  • Property Type: Block of units, Home & income
  • Roof: Coloured steel
  • Tenure: Freehold
  • Property condition: Excellent
  • House style: Other (Multi Unit)
  • Garaging / carparking: Single lock-up
  • Construction: Weatherboard
  • Joinery: Timber
  • Flooring: Timber and Polished
  • Window coverings: Drapes
  • Heating / Cooling: Gas mains
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Smoke Detector, Curtains
  • Kitchen: Original, Upright stove, Breakfast bar and Finished in Laminate
  • Living area: Formal dining, Formal lounge
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Double and Built-in / wardrobe
  • Main bathroom: Shower over bath, Exhaust fan
  • Laundry: Separate
  • Views: Waterfront
  • Aspect: North
  • Outdoor living: Garden
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Backyard access
  • Water heating: Gas
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to transport, Close to shops
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Office

Harcourts Whanganui

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 985
  • 202 m2
  • 6
  • 2
  • 2
  • 10

Sold Property

207 & 208 Anzac Parade, Whanganui East, Manawatu / Whanganui 4500

$680,000

Great yield with potential growth

- Stunning investment opportunity in sought after riverfront location.
- Cashflow from two well-presented dwellings with river views.
- 985sqm combined land holding across two sections on one freehold title.

Fresh to the market in 2021, 207 and 208 Anzac Pde represent a unique investment opportunity for the discerning purchaser to acquire two dwellings providing a substantial cashflow and bank valuable capital growth, with potential for further multi-tenanted units to be built.
The investment offers assured income in a housing market putting upward pressure on quality rentals. Both current units are securely occupied and bringing in $800+ per week in income. The two dwellings have been well maintained by the current owner, being built by the Government for Housing Corp in the 1950's the reputation for quality is well known and makes for a low maintenance investment.
Potential which allows for the back section to be subdivided and more units to be built (SUBJECT TO COUNCIL APPROVAL) making this opportunity extremely viable for future capital growth.
In a volatile global environment take peace of mind in how property has performed over the last 12 months and make this your nest egg today for the future. Property ID: #WGU4788

Property Features

  • Property Type: Block of units, Home & income
  • Roof: Coloured steel
  • Tenure: Freehold
  • Property condition: Excellent
  • House style: Other (Multi Unit)
  • Garaging / carparking: Single lock-up
  • Construction: Weatherboard
  • Joinery: Timber
  • Flooring: Timber and Polished
  • Window coverings: Drapes
  • Heating / Cooling: Gas mains
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Smoke Detector, Curtains
  • Kitchen: Original, Upright stove, Breakfast bar and Finished in Laminate
  • Living area: Formal dining, Formal lounge
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Double and Built-in / wardrobe
  • Main bathroom: Shower over bath, Exhaust fan
  • Laundry: Separate
  • Views: Waterfront
  • Aspect: North
  • Outdoor living: Garden
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Backyard access
  • Water heating: Gas
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to transport, Close to shops
Show More

Sold Date

  • 02 July, 2021

Rob Bennett Harcourts Whanganui

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Harcourts Whanganui

Office Harcourts Whanganui Licensed under REAA 2008

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