147a & b Monrad Street, Highbury, Palmerston North, Manawatu / Whanganui, 4412, New Zealand

Whether you are a property investor looking for a great investment, a home buyer looking for an additional cashflow, looking to move in and rent the other flat, or a developer looking for an awesome chunk of land here is the perfect opportunity.

Positioned on the one title the postal addresses for these units are 147a & 147b Monrad Street, this property consists of 2 x two-bedroom flats, each with a little lock up garage and a carport. Located at the end of a private back section, the land size is a total of 956sqm, so land-banking for the future is a real possibility here.

Currently tenanted with tenants that want to stay.

These fantastic flats are in tidy condition and each is configured with a separate kitchen, open plan living/dining space and each open out to a fantastic yard for the kids and pets.

The bedrooms are a good size and the bathrooms each have a shower over the bath and separate toilet. The laundry is tucked away.

Plenty of off-street parking space and a fantastic section complete the picture and there’s plenty of potential here to add your own style and further improve the property.

The flats are centrally located with a 4 minute drive to the city centre. Located close to popular sports grounds, awesome schooling and on bus routes to Massey and other learning institutes.

If you’re looking at starting or adding to your investment portfolio, this is a great affordable option or if you are a first home buyer and see the potential of an additional cashflow.