A rare opportunity to secure a low-maintenance investment in one of Palmerston North’s most sought-after suburbs — now with a reduced price.

This sunny two-bedroom unit offers comfortable, easy-care living in a highly desirable Hokowhitu location. With double glazing, a heat pump for year-round comfort, a private courtyard that enjoys excellent sun, and a single lock-up garage, the property provides a practical and appealing package for both tenants and investors.

Long-term tenants are already in place and currently paying $430 per week, providing immediate rental income from day one.

The property forms part of a Body Corporate, with the current annual fee being $9,558.19, helping make shared property ownership and ongoing maintenance straightforward.

Another attractive feature is access to the lagoon, adding to the lifestyle appeal of the location. Please note, the property itself is not positioned directly on the lagoon frontage.

Hokowhitu continues to be one of Palmerston North’s most sought-after suburbs, and opportunities at this price point are becoming increasingly difficult to find.

Whether you are looking to add another property to your investment portfolio, secure an entry-level investment, or simply purchase in a quality location with an established tenancy already in place, this property deserves your attention.