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Whanganui City

276A, B and C, Wicksteed Street, Whanganui City, Whanganui

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6 Bedrooms
2 Bathrooms
1 Offstreet
530sqm Land area SQM

Buy one, two or all three - solid returns


Offers over $399,000 for each property or $1,150,000 for all three properties.

Positioned in a prime central location, these three neighbouring multi-storey units offer a rare chance to secure solid rental income in the heart of Whanganui. Each unit is spaciously designed, with a generous floor area of 156sqm (more or less), providing six bedrooms, two bathrooms, and an open-plan living space - perfect for attracting long-term tenants or large family groups.

Currently fully tenanted, the properties provide immediate cashflow while still holding scope to add further value through modernisation and upgrades. Features such as bright kitchens, private courtyards, and secure outdoor storage appeal strongly to both tenants and future buyers. All three are on their own freehold titles.

With schools, shops, and supermarkets all within easy reach, these units tick the box for location, lifestyle, and long-term demand. Investors can buy one, two, or all three, with the potential to secure a unique portfolio of well-positioned rentals in a growth market.

Don't miss this opportunity to expand your investment portfolio with proven, income-producing properties in Central Whanganui.

NB: Internal photos are of Unit A only.

Offers/Enquiries Over NZ$399,000
Kim Ahern

Kim Ahern


Bartley Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Duncan Ashby

Duncan Ashby


Bartley Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Income


Triple the income – currently $88,920 gross return in Central Whanganui

Investment


Each unit offers six bedrooms, two bathrooms, and 156sqm (more or less) floor area

Location


Close to shops, schools, cafes, and parks

Opportunity


Opportunity to add value and boost returns

Potential


Ideal for large families and group tenancies

Rental appraisal


Immediate rental income from day one