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12
6
493m2
1520 m2

11 North Street
Palmerston North, Palmerston North

SOLD
TWO-STOREY SIX-UNIT BLOCK, TOP LOCATION
A tightly held block of six well‑maintained 2‑bedroom units, this two‑storied property at 11 North Street offers consistent occupancy, long‑term ownership, and a layout that appeals to a wide range of tenants. Set back from the road for privacy, the property enjoys expansive green space around the building, creating a peaceful environment and enhancing long‑term rental appeal. Each unit features a functional open‑plan layout, with the kitchen, dining and lounge flowing out to covered decks that are thoughtfully partitioned for privacy. Both bedrooms are generous in proportion, offering comfortable space for tenants and supporting long‑term occupancy. Bathrooms include showers positioned over the bath, with laundry facilities also located within the bathroom for practical convenience. With three units upstairs and three downstairs, the configuration supports stable, ongoing tenancy. Parking is exceptional, with six dedicated carports plus additional off‑street parking available — a rare advantage in this location and a strong value‑add for tenants. The property has been owned long term by the current owner, reflecting its reliability as an investment. Occupancy has remained consistently strong, supported by the area’s growing popularity. The location has proven itself over time, contributing to the block’s strong rental performance. Situated within easy walking distance to public transport, Palmerston North Hospital, the CBD, and Palmerston North Boys’ High School, the address offers everyday convenience that continues to attract quality long‑term tenants. All serious offers will be considered, with due diligence required prior to submission. Genuine interest is encouraged to act promptly.
Property ID: PNN4732
Sheryn Botherway
Residential & Lifestyle Sales
027 514 4606
06 350 7200
Sheryl Marriott
Residential Sales
027 451 8466
06 350 7214
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