Feilding 169 /169A MANCHESTER STREET

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4 2 2

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This is a very rare opportunity to get on the property ladder.
Options are plenty for this unique property. A Prime location situated across the road from Manchester Street School and only minute's walk to Feilding town centre.
2 Dwellings on 1 title in the form of 2 x 2 Bedroom flats.
Sitting on a flat 840sqm sub-dividable section.
Options include,
1. Buy and live in one flat whilst renting out the other to help pay the mortgage and beat the rising interest rates.
This option will also bolster your income to help obtain finance.
2. Purchase the property with family or friends and share the mortgage.
3. Turn the flats into one 4 bedroom 2 bathroom home.
4. Subdivide and build new out the back and sell the front house.
5. If you are a developer, there is the opportunity to build multi-level dwellings on one site.
Many options for many buyers for a unique property so close to town.
Both flats have been renovated to a good standard, and each flat comes with internet, sky dish, heat pump, ceiling and underfloor insulation.
Each flat has its own driveway, rear yard and garden shed. One flat has a garage and a beautiful garden.
If you like character, then you won't be disappointed. High ceilings, give you that sense of space. One flat has polished timber floors, whilst the other has good thick carpet. Original bay windows and timber moulded ceilings all add to the feel of each flat. With the school across the road, there is plenty of space for them to play if they get bored in the backyard. Close to Makino swimming pool and skate park which are just a stone through away.
This is not your average property and has plenty of potentials.
The current rental appraisal is $840 - $870 p/w combined.
Don't miss out on this unique opportunity to either get on the property ladder or take advantage of this cash cow.

Offers over $600,000
Call Heather Burns at 021 117 6369 or Kirti Acharya on 022 028 6832

Property Information

  • Land area approx 840sqm
  • Floor area approx 150sqm

Property Features

  • Uncovered Carspaces 1
  • Garages 1
Century 21 Premier Premier
Licensed under the REAA 2008
10 The Square
Palmerston North 4475