Double Dwelling Investment With Options

Listed 26 Aug
29 & 29A Ada Street, Hokowhitu, Palmerston North, Manawatu / Whanganui
Enquiries over $939,000
Details
- Floor Area
- 230m²
- Land area
- 711m²
- Toilets
- 3
- Broadband
- ADSL, Fibre, Satellite, VDSL, Wireless
- Capital value (CV)
- $1,145,000


Double Dwelling Investment With Options
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 dwelling): 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 dwelling): 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. Currently tenanted on a fixed term tenancy until 4th March 2027. Paying $580 per week.
Ada Street 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.

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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
- BESTSTART MARNE STREET17-19 Marne StreetRoll: 73
- MILVERTON KINDERGARTEN120 Victoria AvenueRoll: 45
- BESTSTART HOKOWHITU224-226 Park RoadRoll: 67
- FOOTSTEPS ADVENTIST EARLY LEARNING CENTRE86/90 Pitt StreetRoll: 41
- LOTS OF HUGS CHILDCARE CENTRE72 Pitt StreetRoll: 60
- PALMERSTON NORTH ADVENTIST CHRISTIAN SCHOOL25 Snelson StreetRoll: 103
- HOKOWHITU SCHOOL227 Albert StreetRoll: 385
- CARNCOT INDEPENDENT SCHOOL263 Broadway AvenueRoll: 128
- MANA TAMARIKI165 Grey StreetRoll: 70
- ST JAMES' CATHOLIC SCHOOL TE KURA KATORIKA O HATO HEEMI304 Albert StreetRoll: 143
- QUEEN ELIZABETH COLLEGERangitikei StreetRoll: 408
- AWATAPU COLLEGE434 Botanical RoadRoll: 870
- MONRAD - TE KURA WAENGA O TIROHANGA228 Botanical RoadRoll: 330
- TAKARO SCHOOLBrighton CrescentRoll: 200
- WHAKATIPURIA TEEN PARENT UNITFreyberg Street
- FREYBERG HIGH SCHOOLFreyberg StreetRoll: 936
Location info
Tour the property
There are currently no open home times scheduled, please reach out to the agent to find a time.
Property insights
HomesEstimate
- Updated
- October 1, 2026
- Estimated value
- $950K - $1.08M
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
- August 1, 2025
- Capital value
- $1,010,000
- Land value
- $470,000
- Improvement value
- $540,000
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: 950K - 1.08M
- Suburb median
- Hokowhitu: 415K
Past sales & timeline
- Capital Value
$1,010,000
- Capital Value
$1,100,000
- Consent issuedNew yard built dwg to relocate a brand new yard built keith hay 2 bdrm dwg, to site as per site plan, ...
- Consent issuedGge/shed - no services construction of a new 9m x 6m versatile 600 series non-habitable gge
- Capital Value
$505,000
- Capital Value
$145,000
- Capital Value
$143,000
- Sold
$16,500
- Sold
$12,000
- Decade built




