A 1920s character home with solid bones, strong street appeal, and long‑term potential. Offering four bedrooms, a separate lounge, separate dining, functional kitchen, and a tidy laundry, this property delivers excellent upstairs storage and plenty of room to add value. The kitchen and bathroom are ready for renovation—an ideal opportunity for investors wanting a clear, manageable value‑add while the home remains tidy and fully tenanted.Set on a substantial 815m² section, the land component alone will appeal to developers, land‑bankers, and strategic investors. The generous 160m² floor area provides flexibility for families, tenants, or future reconfiguration, and the character features offer charm that modern builds simply can’t replicate.Located in zone for Palmerston North Boys’ High School, Russell Street School, and Ross Intermediate, the address sits firmly within one of the city’s most sought‑after education catchments—boosting rental demand and strengthening long‑term desirability.With income in place, value‑add opportunities on hand, and a sizeable land parcel in a premium schooling zone, this 1920s character property is a smart acquisition for investors seeking growth, yield, and long‑term potential.