BIG SECTION, BRILLIANT LOCATION

Listed 19 Aug
464 Ferguson Street, City Centre, Palmerston North, Manawatu / Whanganui
Asking price $655,000
Details
- Floor Area
- 125m²
- Land area
- 812m²
- Parking
- 2 car garaging
- Broadband
- ADSL, Fibre, Satellite, VDSL, Wireless
- Capital value (CV)
- $670,000


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


