Residential
More from realestate.co.nz:
Agents News

508 Church Street, Palmerston North, Palmerston North City

Smart investment with strong returns

dollar

Offers Over $770,000

House
House
Bedroom
5
Bathroom
3
Floor area
240m2
Land area
1180m2
Title type
Freehold
Garage
3
On this page:

Open homes

No upcoming open homes

Property details

Listing # BU204029 | Listed on 29 April

Returning a solid $1,060 per week ($1,000 from the house + $60 from the separately rented garage), this well located property offers excellent cashflow and long-term potential. Positioned centrally between the CBD and Terrace End, this spacious 240m2 (more or less) brick and aluminium home sits on a generous 1180m2 (more or less) section - zoned for both convenience and future opportunity. The layout is ideal for tenants or multi-generational living, featuring four spacious bedrooms, generous living, two bathrooms, three toilets, plus a separate studio with additional bathroom. Modern kitchen, quality flooring, expansive living areas, wood burner plus is Healthy Homes compliant. Additional highlights include a internal access double garage, plus a separate single garage currently generating extra income. Set well back from the road, the property offers privacy while remaining just a short stroll to shops, schools, and parks. Whether you're looking for a family home or to grow your portfolio, explore future development (subject to consent), or simply secure a high-yielding rental in a prime spot - this is a smart investment with upside.

Your notes
Add notes for your personal reference. This can only be seen by you.

Additional features

Roofing: Decramastic
Exterior Cladding: Brick, Fibre Cement
Exterior Joinery: Aluminium
External Features: Deck, Patio
Lot Features: Fenced - Full, Gas Mains - Connected, Private, Rear Section, Studio
Rooms: Conservatory, Dining - Open Plan, Separate Laundry, Separate Lounge
Internal Features: Ceiling Fans, Woodburner, Baynet fittings only

Schools and childcare in the area

$
$
% p.a.
years
$0 per week
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration