QUARTER- ACRE OPPORTUNITY

Listed 7 Sep
33 Drake Street, Feilding, Manawatu, Manawatu / Whanganui
Asking price $495,000
Details
- Floor Area
- 110m²
- Land area
- 1012m²
- Parking
- 1 car garaging
- Broadband
- ADSL, Fibre, Satellite, VDSL, Wireless
- Capital value (CV)
- $520,000


QUARTER- ACRE OPPORTUNITY
Opportunities like this are getting harder to find - a character home positioned toward the front of a genuine 1,012m2 quarter-acre section, leaving an impressive amount of space out the back. The three-bedroom home retains plenty of its original character, including timber joinery and cabinetry. It is tidy and liveable, while still offering its new owner the opportunity to renovate, modernise and add value over time. Some of the important work has already been completed, including rewiring, with the roof and exterior updated approximately six to seven years ago. Outside, the long garage provides excellent practical space, including a lined hobby or utility room and a workshop area. Good vehicle access leads into the substantial rear yard, where there is plenty of room for children, pets, gardens or additional shedding. The size and positioning of the section may also interest buyers wanting to investigate future subdivision or the possibility of adding another dwelling, subject to council approval. Whether you are a first-home buyer, renovator, builder or investor, this is an honest property offering space, character and genuine potential. All reasonable offers will be presented. Call Peter today to discuss.

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Local Schools
- FEILDING HIGH SCHOOLChurcher StreetRoll: 1650
- CORNERSTONE CHRISTIAN SCHOOL119 Mihaere DriveRoll: 612
- TE KŌHANGA REO O HĀPAITIA23 Owen StreetRoll: 30
- FEILDING INTERMEDIATE95 East StreetRoll: 329
- LITTLE OAKS MONTESSORI155 South StreetRoll: 33
- LOTS OF HUGS - FEILDING101 East StreetRoll: 37
- BUSY BEES FEILDING9 Gladstone StreetRoll: 101
- TUI EARLY LEARNERS5 Lytton StreetRoll: 91
- LYTTON STREET SCHOOLLytton StreetRoll: 582
- ST JOSEPH'S SCHOOL (FEILDING)60 Derby StreetRoll: 74
- MANCHESTER STREET SCHOOL160 Manchester StreetRoll: 404
- NORTH STREET SCHOOL52 North StreetRoll: 349
- TAONUI SCHOOLWaughs RoadRoll: 150
- COLYTON SCHOOLColyton RoadRoll: 154
- HATO PAORA COLLEGE1314 Kimbolton RoadRoll: 110
- ST PETER'S COLLEGE (PALMERSTON NORTH)Holdsworth AvenueRoll: 789
- FREYBERG HIGH SCHOOLFreyberg StreetRoll: 936
- WHAKATIPURIA TEEN PARENT UNITFreyberg Street
- TE KURA AA IWI O NGAATI KAUWHATA2959 Cheltenham Hunterville RoadRoll: 58
Location info
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11:30am - 12:00pm
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Property insights
HomesEstimate
- Updated
- October 15, 2026
- Estimated value
- $505K - $550K
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- July 1, 2025
- Capital value
- $520,000
- Land value
- $370,000
- Improvement value
- $150,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 505K - 550K
- Suburb median
- Feilding: 600K



