29 & 29A Ada Street, Hokowhitu, Palmerston North, Manawatu / Whanganui

Attention all savvy investors seeking a low-maintenance, modern investment. Welcome to 29 & 29A Ada Street. A modern and tidy double dwelling investment in a central Hokowhitu location, seconds from all major amenities. Well configured and positioned on a 711m2 section, there is ample off-street parking and potential to subdivide if desired.

• 29 Ada Street (front): A modern 2014 built five bedroom home, double glazed and 130m2. The central living area and kitchen cater for five double bedrooms, all with wardrobes, which are serviced by a central modern bathroom, a second separate toilet, and laundry. Currently tenanted on a fixed term tenancy until 28th November 2026. Paying $825 per week.
• 29A Ada Street (back): A quaint 1980s built, 100m2 dwelling in tidy condition. With ample parking and a deck area, this four-bedroom home has been nicely modernised and is well-presented. The central living and kitchen are heated by a heat pump and a ventilation system. Four double bedrooms all have storage and are serviced by a bathroom, a separate toilet, and a laundry. Tenanted on a 1-year fixed term tenancy starting 5th March 2026. Paying $580 per week.

Ada Street has earned its stripes in the Palmerston North history books and is always a popular choice for students and professionals alike. Contact Crosland & Co. for more information or we'll see you at the open home.

PNCC Rates: $7,756.23 HORIZONS Rates: $1,023.94

All reasonable offers considered, please disregard the capital value ($1,145,000) and contact us for a price guide.