518 Tremaine Ave, Takaro, Palmerston North City, Manawatu

View by appointment. If you are looking for a great investment, then here it is!. A chance to jump onto the property ladder while you live in one part of this home and work on the other, add to your investment portfolio or simply return it to its former glory and reap the benefit. It's a very good package, and it's all here ready for you to nest, invest, or shape how you like.

The home offers a floor area of 120m2, currently split into 2 flats (a 2 bedroom and a 1 bedroom), each being fully self-contained, you'll need to put in a fire-wall if you want to keep it as 2 flats. Positioned just a short distance from schools, recreational facilities, and the city centre, the location will not disappoint.

The house itself needs a little exterior maintenance and a clever eye to transform it into a beautiful home or you could keep it the same as a performing investment. The front one-bedroom flat has its own carport and great views to the sports ground straight across the street. It is bright and sunny with native timber floors, a big living area with good heating and fully functional, well cared for kitchen and bathroom areas. The back flat is a larger 2-bedroom with a great kitchen and a large bathroom featuring a shower, toilet, and vanity.

A great opportunity exists here for a good return on your investment, or you could make it your own and stop paying high rental costs. In fact, the possibilities are endless. With a lot of potential and a big list of ticks - close to the city centre, good sized flats and zoned for great schools - you'll find it exactly the right place to put in the work and reap the reward.

Affordable properties of such potential do not become available very often and have a history of selling fast. Make a wise choice and invest in the growth of Palmerston North in a sought-after area, with a home about to have double glazed windows fitted.

It's a smart investment, so give me a call and we'll get the ball rolling.