18 Karamea Crescent, Kelvin Grove, Palmerston North, Manawatu / Whanganui

This is a standout opportunity in the Palmerston North property market. Freshly styled and thoughtfully laid out, this three-bedroom home delivers modern comfort, flexible living, and excellent income potential. With two dwellings on separate power meters, the property offers a combined rental return of up to $940 per week.

The main residence features a spacious separate lounge, an open-plan kitchen and dining area, and the convenience of a separate shower, toilet, and laundry. Complementing the home is a fully self-contained sleepout that truly sets this property apart. Complete with its own lounge, kitchen, shower, toilet, and two rooms, it is ideal for teenagers, extended family, guests, or generating additional income.

Further highlights include a single garage in the rear dwelling and a partially fenced section, perfect for young children. Conveniently located close to local schools, this property delivers space, versatility, and lifestyle appeal in a sought-after Palmerston North location. Whether you’re looking for a family home with multi-generational living options or a smart investment with strong returns, this Home and Income property offers outstanding potential.