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Hokowhitu 35 Ada Street, Hokowhitu

8 Bedrooms3 BathroomsID BU215558
Buyers $889,000+

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
Features
Area | 326.00m2Land | 711 m2Rates | $6,531.81paRegional rates | $833.92paLV | $490,000RV | $1,060,000
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Anna Peka

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