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

3
2
2
1 Byrd Street
Levin
Ref# LVB156
Deadline Sale - 16 April 2026 4.00PM (Unless sold prior) Don't Miss This One 1 Byrd Street, Levin delivers t...
Deadline Sale - 16 April 2026 4.00PM (Unless sold prior)
View
4
2
2
5 Quail Way
Waitarere Beach
Ref# LVQ158
Elevated Living with Views That Set This Apart Positioned in one of the highest points of Waitarere Rise, 5 Q...
$897,000+
View
3
1
1
11 Ridge Road
Pohangina
Ref# LS753
Opportunity knocks - here's your chance to secure an affordable lifestyle property on the edge of Ashhurst. Se...
$525,000
View
5
2
2
2 Masefield Terrace
Kelvin Grove
Ref# PNM4657
This is the kind of home where life feels easy - where there's space for everyone, and weekends are made for e...
$949,000+
View
1
1
1
232 Cambridge Avenue
Ashhurst
Ref# PNC4607
Set back from the road for added privacy, this 1,041m2 (more or less) freehold section offers space, flexibili...
$467,000+
View
3
1
2
108 Highbury Avenue
Highbury
Ref# PNH4648
108 Highbury Avenue offers a solid 1960s home in a location that's hard to beat, directly across from the shop...
$460,000+
View
2
1
2
185 Cambridge Avenue
Ashhurst
Ref# PNC4642
Built by Versatile Homes, this modern two bedroom property offers easy, low maintenance living in the popular ...
$675,000
View
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