217 Puriri Street, Castlecliff, Whanganui

Subdividable three-bedroom stucco and tile home

Deadline sale, offers invited over $439,000, closing 11am, Tue 15 Apr 2025 (unless sold prior)

217 Puriri Street is the perfect opportunity for investors and first-home buyers looking for their next project. This move-in-ready, three-bedroom 1950s stucco home is waiting to be developed.

Situated on a fully-fenced 1,012sqm (more or less) section, the property offers 3.6m (more or less) of access on the left-hand side of the dwelling (see proposed subdivision image). With a land use resource consent already granted for a three lot subdivision, with a proposed Duplex build to the rear this really is an incredible option for investors looking to maximise cash flow.

Our rental appraisal of the existing home suggests a potential weekly return of $530-$550, making it an appealing investment.

The home boasts three generous double bedrooms, including a spacious master bedroom measuring approximately 4.3m by 3.3m.

The family bathroom features a shower over the bath, vanity, and toilet. The separate laundry with a super tub offers plenty of space, while the kitchen is large and well-equipped with ample cupboard and bench space, perfect for family meals. The lounge area is complemented by a fireplace, and an electric hot water cylinder ensures your heating needs are met.

Whether you are a first-home buyer looking for a property with potential to build equity or an investor seeking your next project, 217 Puriri Street is an excellent option that warrants serious consideration.

Don't miss out - opportunities like this don't last long. Call today to discuss your options.

NB: Boundary lines are indicative only.