HOME AND INCOME OPPORTUNITY

Web Ref#PNK4577

This is a standout opportunity in the Palmerston North property market. Freshly styled and thoughtfully laid out, this three-bedroom home delivers modern comfort, flexible living, and excellent income potential. With two dwellings on separate power meters, the property offers a combined rental return of up to $940 per week.

The main residence features a spacious separate lounge, an open-plan kitchen and dining area, and the convenience of a separate shower, toilet, and laundry. Complementing the home is a fully self-contained sleepout that truly sets this property apart. Complete with its own lounge, kitchen, shower, toilet, and two rooms, it is ideal for teenagers, extended family, guests, or generating additional income.

Further highlights include a single garage in the rear dwelling and a partially fenced section, perfect for young children. Conveniently located close to local schools, this property delivers space, versatility, and lifestyle appeal in a sought-after Palmerston North location.
Whether you're looking for a family home with multi-generational living options or a smart investment with strong returns, this Home and Income property offers outstanding potential.

Sold

Additional Features

  • Bedrooms: 5

  • Bathrooms: 2

  • Ensuites: Nil

  • Garaging: 1

  • Car Ports: Nil

  • Age: 1968

  • Roof: Iron

  • Exterior: Weatherboard

  • Joinery: Yes

  • Heating: Heat Pump, Gas Heating, Log Fire

  • Insulation: Yes

  • Dining: Separate

  • Kitchen: Separate

  • TradeMe YouTube Video Key: Wu7fhT9lF74

  • Local Council: PNCC

  • Total Annual Rates: $5,903.69

5
4
2
183 Victoria Avenue
Hokowhitu
Ref# PNV4640
Resort Living, Right Here at Home. Introducing one of the most extraordinary properties ever offered in Palme...
$2,790,000+
View
3
1
1
93 Benmore Avenue
Cloverlea
Ref# PNB4656
If you've been searching for an affordable, family-friendly home in a convenient location, this Cloverlea prop...
$549,000+
View
3
2
1
23C Reeve Street
Foxton
Ref# FXR916
Deadline Sale: 17th April 2026 1PM (unless sold prior) Welcome to 23C Reeve Street, Foxton. Modern comfort an...
Deadline Sale: 17th April 2026 1PM (unless sold prior)
View
3
1
2
371 Himatangi Beach Road
Himatangi
Ref# FXH917
Set on approximately 4 acres (more or less) of flat, usable land, 371 Himatangi Beach Road offers the perfect ...
$849,000+
View
3
2
1
15A Ihle Street
Terrace End
Ref# PNI4654
Tucked away on a peaceful rear section, this brand-new townhouse offers the perfect blend of privacy, comfort,...
Offers Over $779,000
View
3
2
4
16 College Street
Awapuni
Ref# PNC4655
Been looking a while? Can't quite find the right one? Well here it is, and it's got your name all over it! Wha...
$629,000+
View
3
1
2
80 Benmore Avenue
Cloverlea
Ref# PNB4650
Cloverlea, is a popular location to consider, If you are looking for an affordable, fantastic first home oppor...
$485,000
View
3
1
1
162 Queen Street
Levin
Ref# LVQ159
The hard work's been done, but with ample scope to add your personal touch. Modern Kitchen with breakfast bar,...
$520,000+
View