Watson Real Estate - Sales and Rentals
267 Broadway Avenue
Palmerston North
Palmerston North 4414
Listing #:
KW4919
Listed:
17 days ago

Offers Over $399,000

Solid Home with Great Potential

5 Rata Street, Levin, Horowhenua
Residential House
bedroom
3 Bedrooms
bathroom
1 Bathroom
carparkgarage
1 Car Garage
floorarea
100m2 Floor Area
landarea
701m2 Land Area
About this property
Investors, this is a practical opportunity with the right fundamentals in place.

Set on a generous 701sqm freehold section, this three-bedroom, one-bathroom home with a single garage is currently tenanted by long-term occupants and meets Healthy Homes compliance. That means immediate income and peace of mind from day one.
The home does require renovation, which presents genuine scope for future improvement when the time is right. It's not overdone or overcapitalised - it's a straightforward property with solid bones and potential to enhance over time.

The layout is functional and tenant-friendly, offering three well-proportioned bedrooms, comfortable living space, and the added benefit of standalone garaging. The full-sized section provides space without being excessive, supporting long-term value in an established part of Levin.

With reliable tenants already in place and compliance sorted, this is a steady addition to a portfolio - one you can improve gradually as part of a longer-term strategy.

This property is available to view by private appointment only. Give Christian a call on 027 815 5256 to arrange a time that suits.
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