35 Ada Street, Hokowhitu, Palmerston North

Buyers $849,000+

8

Bedrooms

3

Bathrooms

+31

+30

Selling below RV! Motivated sellers!

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

Chattels

Dish Drawer, Drapes, Electric Stove x2, Extractor Fan x2, Fixed Floor Coverings, Garden Shed, Heat Pump x2 and 2x Remotes, Light Fittings, Net Curtains, Range Hood x2, Smoke Detectors, Washing Machine Taps, Laundry Tub x2
35 Ada Street, Hokowhitu, Palmerston North

Web ID

BU215558

Floor area

326m2

Land area

711m2

District rates

$6,531.81pa

Regional rates

$833.92pa

LV

$490,000

RV

$1,060,000

8

Bedrooms

3

Bathrooms
Buyers $849,000+
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Blair Alabaster

Blair Alabaster

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BU231057

3

Bedrooms

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1

Garages

A beautifully presented three bedroom, one bathroom home offering comfort, practicality, and a touch of garden magic - perfectly positioned in one of Palmerston North's most desirable suburbs. The heart of the home is the spacious kitchen that seamlessly opens to the dining/family room, creating an ideal space for entertaining and everyday gatherings. A cozy separate lounge is equipped with a wood burner, heat pump and DVS system ensuring comfort in every season. Step outside to discover your own private oasis, a lovely deck area overlooks a beautifully maintained garden complete with a stunning pergola draped in Wisteria and raised garden beds, perfect for your green thumb. Additional features include a garage with space for a workshop along with a separate wood shed for all your storage needs. Conveniently located in a quiet cul-de-sac, this property is in the popular Hokowhitu area and is zoned for Palmerston North Boys and Girls High schools. Don't miss out on this charming home that combines comfort, style and an enviable location. Contact me today to arrange a viewing.

Buyers $599,000+

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