A SMART INVESTMENT OPPORTUNITY

  • $649,000
Featured For Sale
1, Tiki Street, Castlecliff, Whanganui, Whanganui District, Manawatū-Whanganui, 4501, New Zealand / Aotearoa
  • Residential
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 160
  • m2
  • 1965
  • Year Built
Featured For Sale

A SMART INVESTMENT OPPORTUNITY

1, Tiki Street, Castlecliff, Whanganui, Whanganui District, Manawatū-Whanganui, 4501, New Zealand / Aotearoa
  • $649,000

Overview

Property ID: 4280
  • Residential
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 160
  • m2
  • 1965
  • Year Built

Sub listings

Description

A rare opportunity to secure three x 1-bedroom units on a single title, each featuring its own separate kitchen and living room for added privacy and tenant appeal. All units are fully double-glazed, improving comfort and energy efficiency year-round.

The generous section provides scope to add garaging or further enhancements (subject to council approval), creating clear pathways to increase long-term value.

All units are currently tenanted, offering immediate income with strong potential to lift the gross yield through rental optimisation and targeted upgrades. Ideal for investors seeking a solid, low-maintenance asset with multiple value-add options. Call Ross, Brad or Barbara Watson to find out more about this unique opportunity.

  • Address 1 Tiki Street Wanganui
  • City Whanganui
  • Zip/Postal Code 4500
  • Area Castlecliff

Details

Updated on May 18, 2026 at 10:16 pm
  • Property ID: 4280
  • Price: $649,000
  • Property Size: 160 m2
  • Land Area: 864 m2
  • Bedrooms: 3
  • Rooms: 3
  • Bathrooms: 3
  • Year Built: 1965
  • Property Type: Residential
  • Property Status: For Sale

Contact Information

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Ross & Barbara Watson

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Ross & Barbara Watson
  • Ross & Barbara Watson