This residentially-zoned 874m2 section is in a prime location centrally based between Massey University and the city square. Beautifully presented 273m2 eight bedroom, two bathroom and four toilet home that is currently operated as an accommodation business. The space includes a commercial kitchen and separate dining area. The current owners have operated the facility for the past 25 years very successfully with part time help and with little marketing. The property current has a 10 years lease in remaining (Estimated Gross Yield: 5.31%). If you are looking for a great investment to add to your portfolio, with a future potential as a large family home or opportunities to develop a well-situated plot of land in this vibrant provincial city, you need to talk to me now.

Buyers $1,300,000+

If peace and serenity are on your wish list, then the moment you step inside this stunning house you will have the feeling that you have truly come home. Set over two levels, the downstairs space offers a lovely open plan lounge with gas log effect fire, dining and kitchen. Entertaining is easy with two decks either side of the living areas. The back deck is nestled in a gorgeous garden setting that is so peaceful and relaxing you won't want to leave, and let's face it you will have more time on your hands as there is no need to bring the lawn mower with you. The master bedroom, also set at the rear of the house, is a generous size opening out to the back courtyard and is serviced by an ensuite and good-sized walk-in robe, designed with your convenience top of mind. Moving upstairs, the home consists of two more good-sized bedrooms, decked out with double wardrobes and built-in organizers. The bedrooms share a lovely full bathroom with tiled shower and bath, modern vanity and toilet. Heated and cooled with a heat pump, the addition of a comfortable lounge area provides a quiet space for relaxation or additional living space for children. This property is topped off with a double garage, great storage space and a laundry area. Centrally located, just a short walk to the CBD, the Lagoon, Esplanade and river walkways, as well as being zoned for Girls High School and Palmerston North Intermediate, there is loads to fall in love with, so call us now and see for yourself.

$1,148,000

Are you looking for your next investment? Look no further than these charming two-bedroom homes nestled in the heart of Palmerston North, offering not just comfort and convenience but also promising investment potential. Boasting proximity to essential amenities, landmarks, and seamless transportation, this property stands as an ideal prospect for investors seeking rental income in a high-demand locale. With the option to purchase both properties and convert to freehold or select just one, this opportunity presents versatility to suit your investment strategy. With its compliance to healthy homes standards and low-maintenance appeal, seize the chance to secure your ideal investment property or first home today. Reach out now to schedule a viewing and make this property yours!

Buyers $760,000+