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BIG SECTION, BRILLIANT LOCATION

Professionals Palmerston North (Unique Realty Ltd MREINZ), (Licensed: REAA 2008)

Listed 19 Aug

464 Ferguson Street, City Centre, Palmerston North, Manawatu / Whanganui

Asking price $655,000

Bed3
Bath1
Parking2
Land area812m²
Floor area125m²

Details

3 bedrooms
1 bathroom
2 garage parks
House
Floor Area
125m²
Land area
812m²
Parking
2 car garaging
Broadband
ADSL, Fibre, Satellite, VDSL, Wireless
Capital value (CV)
$670,000
Property interior
Property interior

BIG SECTION, BRILLIANT LOCATION

Set on a generous 812m2 section, this classic 125m2 1960s home offers something increasingly hard to find: space inside and out, a fantastic central location, and plenty of potential for the future.

Inside, the proportions are generous. There are three well-sized bedrooms, excellent storage, a separate lounge, open-plan kitchen and dining, separate laundry, one shower and two toilets. Original built-in cabinetry and retro features add character and remind you of an era when homes were built with space and practicality in mind. Comfort is already well covered with quality carpet, a wood burner, heat pump, underfloor and ceiling insulation, along with solar panels currently rented through Solar Zero.

Outside, the fully fenced 812m2 section gives children and pets plenty of room, while the separate double garage provides excellent space for vehicles, hobbies, a workshop or additional storage. Then there's the location. Milverton Park is right next door, giving you a fantastic recreational space virtually on your doorstep. The Palms, The Plaza and the CBD are all within walking distance, making this an incredibly convenient place to live. Families will also appreciate zoning for College Street Primary, Palmerston North Intermediate, Palmerston North Boys' High School and Palmerston North Girls' High School.

Currently tenanted with a happy long-term tenant in place, there's obvious appeal here for investors, but equally for buyers who recognise the potential of a solid, spacious home on a large central section. Comfortable and highly liveable as it stands, there's also real opportunity to modernise, personalise and add value over time. Priced to sell, this is your chance to secure 812m2, a solid three-bedroom home, double garaging and a location that puts so much within easy reach. Get in touch and come and see what this property has to offer.

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464 Ferguson Street has been viewed 2,858 times since it was first listed on 19 August. There are 50 people keeping an eye on it.

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Local Schools

  • COLLEGE STREET NORMAL SCHOOL402 College StreetRoll: 623
  • PALMERSTON NORTH INTERMEDIATE56 Linton StreetRoll: 751
  • PALMERSTON NORTH GIRLS' HIGH SCHOOLFitzherbert AvenueRoll: 1318
  • PALMERSTON NORTH BOYS' HIGH SCHOOLFeatherston StreetRoll: 1794
  • CORNERSTONE CHRISTIAN SCHOOL119 Mihaere DriveRoll: 612
  • MILVERTON KINDERGARTEN120 Victoria AvenueRoll: 45
  • BESTSTART MARNE STREET17-19 Marne StreetRoll: 73
  • LOTS OF HUGS BROADWAY257 Broadway AveRoll: 73
  • CARNCOT INDEPENDENT SCHOOL263 Broadway AvenueRoll: 128
  • BUSY BEES CHURCH STREET539 Church StreetRoll: 98
  • HOKOWHITU SCHOOL227 Albert StreetRoll: 385
  • BARNARDOS EARLY LEARNING HOME BASED MANAWATU160 Grey StreetRoll: 40
  • MANA TAMARIKI165 Grey StreetRoll: 70
  • ST JAMES' CATHOLIC SCHOOL TE KURA KATORIKA O HATO HEEMI304 Albert StreetRoll: 143
  • PALMERSTON NORTH ADVENTIST CHRISTIAN SCHOOL25 Snelson StreetRoll: 103
  • QUEEN ELIZABETH COLLEGERangitikei StreetRoll: 408
  • ROSS INTERMEDIATE25 Freyberg StreetRoll: 444
  • WHAKATIPURIA TEEN PARENT UNITFreyberg Street
  • FREYBERG HIGH SCHOOLFreyberg StreetRoll: 936
  • AWATAPU COLLEGE434 Botanical RoadRoll: 869
  • MONRAD - TE KURA WAENGA O TIROHANGA228 Botanical RoadRoll: 330

Location info

464 Ferguson Street, City Centre, Palmerston North, Manawatu / Whanganui

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Property insights

HomesEstimate

Updated
October 15, 2026
Estimated value
$645K - $690K

What is the HomesEstimate?

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
September 1, 2024
Capital value
$670,000
Land value
$545,000
Improvement value
$125,000

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: 645K - 690K
Suburb median
City Centre: 595K

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