58 Newton Place, Westbrook, Palmerston North City, Manawatu

You don't need the mathematician skills of Isaac Newton to work out an investment property with a very good return. #58 Newton Place is a sound and solid proposition currently tenanted at $270 per week with an excellent rental history offering over 7% gross return. With interest rates currently so low a stand-alone home on its own title will be the perfect addition to your portfolio.

Not only will it appeal to investors - if you are a first home buyer, you should come take a look as well. Down the end of a private driveway with a decent sized single garage, the compact home is easily managed and offers three bedrooms, open plan living and a wood burner to keep the home cosy and warm.

For sale at $193,000 it won't last long so make a move quick and get your offer in before the Auckland investors hear about it!