146 Featherston Street, Palmerston North, Palmerston North City, Manawatu

Discover the potential of 146 Featherston Street, a versatile property located in the heart of Palmerston North. Perfectly positioned within a thriving community, this unique offering comprises two fully self-contained flats, making it an ideal investment opportunity or multi-family living arrangement. The prevailing charm and practical layout of this property, coupled with its proximity to key amenities, make it a desirable location for tenants or homeowners alike.

Designed to be practical, each flat boasts a generous living space as well as a large bedroom and an additional single bedroom - providing flexible options for an office or hobby room. The full kitchens are equipped for cooking up a storm, whilst the substantial lounge areas create inviting environments for relaxation. Both have full bathrooms for daily convenience, and each is fitted with a heat pump, delivering year-round comfort by effectively managing temperature throughout the seasons.

While the flats have been utilized as long-term rentals (with one tenant enjoying stability for an impressive 21 years), they also present fantastic canvases for anyone looking to enhance their investment by updating or redecorating the interiors.

Externally, the property stands on a sizable section that's well-fenced, ensuring privacy and security. The expansive outdoor area holds remarkable potential for future development or enhancement, creating an appealing opportunity for those with a vision. A convenient garden shed provides additional storage options.

Location is key, and 146 Featherston Street excels in this regard. It is close to sought-after schools and a range of shops, ensuring all your daily needs are within easy reach. The local stadium and supermarket are just a short walk away, adding to the appeal of the area for long-term tenants and residents alike.

Don’t miss this opportunity to secure a property that not only offers solid rental income but also the promise of future gains. Whether you're an astute investor seeking to expand your portfolio or a family looking for a dual-living arrangement, these flats have something to offer everyone. With tenants’ keen to remain, you can move forward with confidence. Contact us today to arrange a viewing and discover the full potential of 146 Featherston Street for yourself.