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14 Otaki Place, Westbrook, Palmerston North City

Affordable Investment, Strong Return

dollar

Enquiries Over $429,000

House
House
Bedroom
3
Bathroom
1
Floor area
100m2
Land area
602m2
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Property details

Listing # PN24744 | Listed on 25 November 2025

VIEW BY APPOINTMENT ONLY
Step inside this three-bedroom home and you'll immediately recognise the opportunity on offer. Whether you're stepping onto the property ladder or securing a smart addition to your portfolio, this is a purchase that simply makes sense.
The living and dining areas are practical and well laid out, filled with natural light and kept comfortable year-round with a heat pump. Healthy Homes compliant, it offers peace of mind for investors and a warm, dry environment for owner-occupiers alike.
Currently generating a strong rental income, the property offers an attractive return for investors, equating to approximately a 7%+ gross yield at the current asking price of Enquiries Over $439,000. With solid rental demand in this price bracket, it presents as a ready-made, income-producing asset from day one.
All three bedrooms are generously sized, making the layout ideal for families, flatmates, or maximising rental return. There's also genuine scope to add value over time, whether through a cosmetic refresh or a modern update to further enhance appeal and equity.
Affordable, compliant, income-producing and packed with potential, this is the kind of property that performs in any market. Move in, rent it out with confidence, or improve and reap the rewards.
If you've been waiting for a smart buy with real upside, 14 Otaki Place deserves your attention.


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Additional features

Other park
2 other parks
Water closet
1 Separate toilet
Rates
Rates: $3,296.99 per annum

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