48 Fergusson Street, Stoke, Nelson

Extremely Rare Investment Offering

Nestled deep within one of Stokes' most sought after streets and surrounded by primarily owner-occupied homes, this block of five flats comes to you as an intact, freehold title with long term tenants.

Not only has this block changed hands infrequently, but tenants have also tended to be very established, some staying more than a decade.

Each flat has a single, spacious double bedroom, open plan kitchen, dining and living, a well-appointed bathroom and off-street parking for one vehicle.

There is a shared laundry room at the end of the block.

The location is ideal and there is a ready tenant market for the rare occasions you have a vacancy.

Auction
12pm Wed 1 March 2017
288 Trafalgar Street, Nelson
(Unless sold prior)

*The information above is just a small description of this property. For a more complete Property Information Memorandum please email me and I will send by return email within 24 hours an attachment with a full description of the property.

**If you would like to receive my weekly email, which includes new listings and current market news, please email bruce.farquhar@bayleys.co.nz with PLEASE ADD ME TO YOUR EMAIL DATABASE in the subject line.