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
2
1
8 Rolleston Street
Hokowhitu
Ref# PNR4677
Deadline for Offers - 2PM 14th May 2026 (Unless Sold Prior) You don't want this sitting on your watch list wh...
Deadline Sale: 2pm 14th May 2026 (Unless Sold Prior)
View
3
2
2
18 Dalfield Place
Highbury
Ref# PND4675
DEADLINE SALE (if not sold prior) 2:00pm Wednesday 20th May 2026 Step into home ownership with confidence in...
Deadline Sale: 20 May 2026 2:00PM (Unless sold prior)
View
3
1
1
39 Kingston Street
Awapuni
Ref# PNK4668
Situated in a popular Awapuni location close to the College Street shopping center easy access to river walks ...
$570,000+
View
5
2
4
25 Tui Street
Pahiatua
Ref# PNT4674
Tucked away behind secure gates, this property offers more than just space, it gives you options! Life flows ...
$610,000+
View
3
1
1
11 Otaki Place
Westbrook
Ref# PNO4676
Looking for a home that offers comfort, simplicity and great value? This solid three-bedroom, one bathroom pro...
$470,000+
View
4
1
2
125 West Street
Feilding
Ref# PNW4672
This spacious four-bedroom home delivers the kind of lifestyle families are searching for: room to spread out,...
$579,000+
View
3
1
1
27 Savage Crescent
West End
Ref# PNS4673
Welcome to this 1940's home in a convenient location, perfectly positioned close to the Esplanade, the Lido an...
$509,000+
View
3
1
39 Kettle Avenue
Awapuni
Ref# PNK4663
Positioned in ever-popular Awapuni, 39 Kettle Avenue delivers the kind of opportunity buyers are always search...
$449,000+
View