Residential
More from realestate.co.nz:
Agents News

35 Ada Street, Hokowhitu, Palmerston North City

Selling below RV! Motivated sellers!

dollar

Offers Over $889,000

House
House
Bedroom
8
Bathroom
3
Floor area
326m2
Land area
711m2
Title type
Freehold
On this page:

Open homes

No upcoming open homes

Property details

Listing # BU215558 | Listed on 27 January

Opportunities like this in Hokowhitu are tightly held and rarely come to market, especially with vendors who are highly motivated and ready to see a result. Set on 711m2 (more or less), 35 Ada Street presents a compelling investment proposition with two dwellings on one title, offering immediate dual income and multiple future options. Whether you are looking to strengthen your portfolio, landbank in a proven location, or maximise returns through multi-tenancy, this is a property that delivers on all fronts. The front property offers a substantial 250m2 (approx.) character villa dating back to the 1900s. With six bedrooms and two bathrooms and a third toilet. It's perfectly suited to high-yield configurations such as flatting or shared accommodation, appealing to a wide tenant pool and providing strong rental potential. Positioned behind, the second dwelling is a tidy 1990s-built home spanning 76m2 (approx.), offering two bedrooms and one bathroom. This provides an additional income stream, ideal for long-term tenants, extended family, or even a home and income setup. The strength of this opportunity is underpinned by its Hokowhitu location, one of Palmerston North's most consistently in-demand suburbs. With multiple income streams, strong rental appeal, and genuine upside potential, this is a smart acquisition for investors who recognise the value of location and flexibility. The motivation from the sellers adds further weight to the opportunity. Get in touch today to arrange your private viewing and request the property information. RV $1,060,000

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

Additional features

Roofing: Corrugated Iron
Exterior Cladding: Weatherboard and Fibrolite - Front House, Hardiplank - Back House
Exterior Joinery: Aluminium, Timber
Lot Features: Partially Fenced, Street Frontage
Internal Features: Heat Pumps x2

Schools and childcare in the area

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

By continuing, you agree to our terms of use and privacy policy.

A young family with pets illustration