43E Manuka Street, Hokowhitu, Palmerston North, Manawatu / Whanganui

Opportunities like this are seldom available – two townhouses, side by side, in a tightly held Hokowhitu cul-de-sac overlooking the lagoon. Available individually or as a package, these well-maintained properties offer investors flexibility, security, and a blue-chip address that consistently attracts strong tenant demand.

43 Manuka Court – Three Bedrooms, Elevated Outlooks

Offering extra space and elevated lagoon glimpses, this three-bedroom unit is a proven rental performer. Features include: * Open-plan living with a private courtyard * Heat pump for year-round comfort * Single lock-up garage + additional car park * Currently rented at $460 per week * Annual Body Corporate: $8,598.93 * Rateable Value $355,000

44 Manuka Court – Two Bedrooms, Sun & Privacy

Positioned for peace and sunshine, this tidy two-bedroom townhouse offers easy living with reliable returns. Features include: * Open-plan layout to a sunny private courtyard * Heat pump for all-season comfort * Single lock-up garage + extra car park * Currently rented at $440 per week (long-term tenants) * Annual Body Corporate: $7,909.30 * Rateable Value $360,000

Why Invest Here? * Blue-chip location in Hokowhitu, one of Palmerston North’s most sought-after suburbs * Dual investment potential – purchase one or both * Proven rental income with strong tenants in place * Shared maintenance through the Manuka Court Body Corporate

Whether you’re expanding your portfolio or securing a foothold in Hokowhitu, this is an exceptionally rare chance to buy once, benefit twice.