Secure Income, Simple Ownership

Listed 13 Feb
26 Stout Street, Shannon, Horowhenua, Manawatu / Whanganui
Enquiries over $349,000
Details


Secure Income, Simple Ownership
Set on a 541m² flat section in central Shannon, this solid two-bedroom home offers immediate returns with a fixed-term tenant already in place. Healthy Homes compliant and low-maintenance in scale, it’s an ideal addition to a growing portfolio, a smart first investment, or a future first home with income secured in the meantime. Current Tenants pay $480 rent per week.
With 75m² of well-utilised floor area, the layout is practical, functional and easy to maintain. The living room is light-filled and comfortable, positioned separately for defined everyday living. The kitchen is generous for the home’s size, offering ample bench space, good storage and a practical layout that supports daily use. Neutral tones throughout create a tidy, move-in ready interior that appeals to long-term tenants and first-home buyers alike.
Two well-proportioned double bedrooms provide comfortable accommodation, each enjoying natural light and a simple, low-maintenance finish. The bathroom includes a bath with overhead shower and vanity, while the separate toilet is a practical bonus. A separate laundry and dedicated WC add to the functional layout, enhancing convenience and future resale appeal.
The fully usable backyard offers easy-care grounds with room for outdoor enjoyment, while off-street parking for two vehicles adds everyday practicality. The concrete driveway and simple landscaping keep maintenance straightforward and cost-effective.
Positioned in Shannon, a town known for its affordability, strong rental demand and convenient access to both Palmerston North and Wellington via State Highway 1, this is a strategic buy in a steady provincial market.
If you’re planning your next investment or looking for a smart first step into the market, this is a property that delivers certainty from the outset. Contact Digi Patel today for further information, rental details and documentation.

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