447 Palmerston Road, Gisborne, Gisborne

A rare opportunity to secure all three flats at 447 Palmerston Road as one investment block.Featuring: Each unit is on a separate title, offering flexibility and long-term valueRenovated throughout with new kitchens and bathroomsExtremely tidy and well-presented properties in excellent conditionAll 3 units are Healthy Homes compliant for peace of mind and easy complianceAll units are currently tenanted with tenants keen to stay onCentral Gisborne location close to the township and local amenitiesEach flat includes its own dedicated parking bayThis block is professionally managed by The Agency Property Management, making for a smooth and hands-off investment. Do the maths, then make your move:Weekly Rental IncomeFlat 1: $570Flat 2: $550Flat 3: $550Total Weekly Rent: $1,670 per weekAnnual Rental Income:$1,670 52 weeks = $86,840 per annumRates:$4,106.70 incl GST per unitTotal GDC Rates: $12,322.80 per annumRV / Indicative Price Expectation: $1,296,000Contact Shannon today for the full information pack, including the Sale & Purchase Agreement.