457 High Street, Motueka, Tasman

Triple Income Investment

New to the Market.

Positioned in a convenient and popular part of Motueka, this well-established investment property presents a fantastic opportunity to secure a multi-income asset with strong rental appeal.

The property comprises three attached flats, two driveways and shared lawn area`s, offering tenants both independence and comfort. This setup is highly attractive in the rental market and supports consistent occupancy.

Each flat is well laid out and features:

Two double bedrooms and one single bedroom
Functional open-plan kitchen, dining, and living areas
Bathroom with shower, vanity, and dedicated laundry facilities
Constructed in the early 1990s, the building is fully permitted and includes firewalls between units, providing peace of mind for both owner and tenants. Each flat is fitted with separate power meters, allowing for straightforward management and individual billing.

Additional features include:

Reliable town water supply and sewerage
Easy-care sections with individual outdoor spaces
One flat includes a cosy pot belly fire for added comfort
Solid, low-maintenance construction ideal for long-term ownership
Located within close proximity to local schools, shops, and the town centre, this property is ideally situated to attract and retain tenants, making it a dependable addition to any investment portfolio

Investment Highlights

Three income streams from self-contained flats
Strong tenant demand in a central Motueka location
Good rental returns with scope to increase over time
Individually metered utilities simplify management and maximise returns
Proven layout that appeals to families and long-term renters
Potential to add value through cosmetic upgrades or rent optimisation
Whether you're an experienced investor looking to expand your portfolio or seeking a reliable, income-generating property, this is an opportunity not to be missed.

Contact Graham Fielding today to arrange your viewing. Please note, 48 hours' notice is required for all viewings, and Sunday viewings are not available.