36 Lyndhurst Street, Takaro, Palmerston North, Manawatu / Whanganui

Full of character and packed with potential, this property is ready for its new owner to make it their own. Set on a generous freehold section, this property is the perfect find for first-home buyers, families or investors looking to add it to their property portfolio.

Superbly positioned in an ever-popular and inherently practical central location. Built in the 1920s, this stucco over weatherboard fully insulated home features 3 bedrooms, a galley style-kitchen and spacious living areas. There is good storage and the added convenience of a large separate laundry, while heat pump creates a warm and inviting atmosphere.

Currently vacant - immediate possession available.

Key Features:

• Big on size - Big on value
• 3 bedrooms with good natural light
• Functional Kitchen and A Separate Dining Space
• A Family Bathroom + Additional Toilet + Separate Laundry
• Single Garage + Plenty of Parking
• 632 Sqm-freehold (Zone: Multi Unit Residential Area B)
• Potential sub-dividable or multi dwelling options (subject to council consents)
• It has a private rare oasis for pets and children to play or a blank canvas to be transformed
• Located in a quiet and peaceful neighbourhood, this property offers an excellent opportunity for those who value privacy – fully fenced
• Low & easy maintenance home
• The home has been well updated, is healthy homes compliant and previously tenanted for $580/week

Why You’ll Love It: The layout is practical, the land size offers flexibility, and the zoning provides future potential. The property is subdividable, subject to council approval (buyers are advised to get a planner to do their due diligence), could be a great land bank.

Whether you're looking to settle down or renovate and modernise or landbank or explore development options or put an extra dwelling and have your parents or extended family live at the back, this property ticks the boxes.

With local shops in close proximity, arena just around the corner and the city centre within close proximity, the location is an inherently popular one, with sought-after central normal schooling providing further reassurances as to the strength of your investment.

Call now to set up a private viewing or welcome to open home.

Location: 36 Lyndhurst Street Takaro, Palmerston North 4412 Legal Description: Lot 82 DP 2626 Assessment No: 10191631 Valuation Ref: 14600-537-00 Capital Value: $550,000 | Land Value: 400,000.00 | Improvement value: $150,000 Area: 632 m² Rating Information 2025/26: PNCC Rates $3,649.55 & Horizons Regional Council Rates $568.94

*Source: Public websites such as PNCC, Propertyvalue, Oneroof, QV

*Buyers are advised to do their due diligence, seek legal advice, make their own enquiries and satisfy themselves in all respects about any information that is of importance to them. We accept no liability whether direct or indirect for any loss or damage a person suffers because that person had directly or indirectly relied on any information provided here.