55 Gilbert Street, City Centre, New Plymouth, Taranaki, 4310, New Zealand

Yes this dual income property has a subsidence issue, but with that creates an amazing opportunity in the dress circle central location. Whether you want to fix it up, remove and redevelop, or keep the willing tenant upstairs and land bank for the future? The choice is yours.

The top story, accessible directly from street level, is a cozy two-bedroom home. It features north-facing living that basks in natural light. Although it presents a prime candidate for redecoration to suit your taste, its current condition is tidy enough and perfectly liveable. This level is complemented by a single garage. A long-standing tenant, who has expressed a desire to stay, currently occupies this space, ensuring immediate income for the new owner.

Below, you’ll find a private and completely separate one-bedroom flat. Some flooring here could do with some levelling, but has its own spacious kitchen and living area, and could be an additional source of income.

The location of this property is unbeatable. It is centrally situated within walking distance of the city centre, allowing easy access to multiple supermarkets, shopping until your heart’s content, a diverse array of restaurants, and cozy cafes. For those who cherish the outdoors, the famous Pukekura Park is just on your doorstep, offering picturesque settings for evening strolls, jogs, or simply to escape into nature. Families will appreciate the proximity to a range of schooling options, catering to children of all ages and ensuring educational needs are easily met.