3 Leicester Street, Terrace End, Palmerston North City, Manawatu

Opportunity Alert! Don't miss out - if you're looking to invest in the Palmerston North property market there here is a property with a tenant already in place on a fixed term tenancy until September 2018. The property is currently returning $340 per week so you could either keep it as a rental going forward or buy yourself some time till you're ready to move later next year.

Location is always an important consideration, especially when investing, and the Terrace End location is well sought after with its proximity to Parkland School, the Palmerston North Golf club and other local conveniences. It is also a short distance from the CBD.

These types of homes were built to last and you'll find here a mixture of the original charm along with areas that have been upgraded over the years. The kitchen and bathroom have been modernised and the home offers the convenience of a separate shower and toilet in addition to the family bathroom. The vendors have said it is insulated top and bottom, and there is the added benefit of a toasty heat-pump in the attractive living room. Out the back of the house you'll find a fully fenced backyard with a nice deck accessible from the kitchen. Large tandem garaging offers plenty of storage plus a generous carport will meet further vehicle needs.

The current tenant wishes to see out the term of their tenancy, which gives you plenty of time to get organised. Purchase at today's prices and move in later next year. Lots of potential here for investors or first home buyers - give me a call today to talk it through.