41 Seddon Street, Feilding, Manawatu, Manawatu / Whanganui

Asking Price $555,000

Positioned at 41 Seddon Street, Feilding, this versatile property offers an attractive gross yield and presents an excellent opportunity, whether as a smart addition to an existing rental portfolio, a first investment, or a practical solution for multi-generational living.

The front home, previously rented for $550 per week, is a comfortable and well-proportioned three-bedroom residence. Each bedroom is generously sized and fitted with wardrobes, while the kitchen provides good storage and connects to an adjoining laundry space. The family bathroom includes a shower, vanity, and toilet. At the other end of the home, a spacious living area enjoys great natural light through a charming bay window and is heated by a heat pump.

Step outside to a low-maintenance section designed for easy living yet offering space to add more of your own. The covered rear porch offers a sheltered space for outdoor entertaining and flows through to the double garage, complete with two roller doors for secure parking and storage. Attached to the garage is a bonus room ideal as a hobby space, workshop, or home office.

Tucked privately toward the rear of the section sits the second dwelling, previously rented for $310 per week, a tidy one-bedroom unit that provides a fantastic additional income stream. Inside, you'll find a comfortable kitchen and living space, a double bedroom, and a bathroom that combines the shower, laundry, and toilet. At the front of the unit, a screened-off private deck offers a peaceful spot to sit back and enjoy a morning cuppa.

The property is well located and within zone for multiple early childhood centres and schooling options, including Feilding Playcentre, Lytton Street School, Feilding Intermediate and Feilding High School.

With dual income, healthy home compliance across both houses, flexible living options, and motivated vendors, this is an opportunity not to miss. Multi-dwelling properties like this aren’t often available, so call to discuss your viewing options now!