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Back 12 Ngaio Street
Off Market

12 Ngaio Street

West End Manawatu-Wanganui

3
911 m²
House
Jeremy CroslandJeremy Crosland, last sold this property on 27 May 2026 after 112 days on market.

Overview

With positive occupancy delivering a current return of $2,290 per week, equating to $119,089 gross per annum, inclusive of utilities. This investment offers the attractive advantages of commercial incentives within a residential framework. Refined over time to deliver a low-maintenance and highly efficient investment, this well-established boarding house presents an outstanding opportunity to step straight into a proven income stream. Consented to operate as an 11 bedroom community accommodation facility, this is a business-ready proposition, complete with plant and chattels, with a true take-the-baton-and-run appeal. The property is intelligently configured to support tenant comfort and operational ease, featuring two common living spaces, a functional kitchen area and three bathrooms. Significant upgrades have been completed over the years, including double glazing, rewiring and a new roof, ensuring the building is well maintained and efficient. A mix of single and double rooms remains consistently sought a

Features

3 bathrooms
911 m² lot size
House

Estimated Value

Based on this property and similar houses sold in West End over the last 12 months, the estimated median property value of 12 Ngaio Street is $564k.

Median value
$564k
Estimated value range
$375k - $1.24m
Median days on market
36
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in West End. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12 Ngaio Street

2026
Sold
Undisclosed
27 May 2026 by Jeremy Crosland, of Harcourts Palmerston North (Team Manawatu Realty Ltd)

Happy sellers in West End

89%
89% of sellers in West End reported that their sale price either exceeded or met their price expectations.

West End stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in West End over the last 12 months.

Local market activity for houses in West End

In the last 12 months, 43 houses similar to 12 Ngaio Street, have been sold.

This represents a 126% decrease in houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in West End

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Jeremy Crosland

Sellers who recommend Jeremy Crosland have praised them for being clear communication, local expert, friendly, responsive, supportive, stress-free process and well-prepared

  •   4.9   (305 reviews)
  •  5 Reviews in West End
  •  7 Sales in West End
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Casey Jensen

Sellers who recommend Casey Jensen have praised them for being clear communication, local expert, responsive, friendly, stress-free process, easy to work with and flexible

  •   5   (161 reviews)
  •  5 Reviews in West End
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Neville Muldrock

Sellers who recommend Neville Muldrock have praised them for being clear communication, local expert, supportive, dedicated, reliable, responsive and easy to work with

  •   5   (73 reviews)
  •  3 Reviews in West End
  •  4 Sales in West End
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Nathan Mooney

Sellers who recommend Nathan Mooney have praised them for being clear communication, local expert, easy to work with, friendly and supportive

  •   5   (51 reviews)
  •  3 Reviews in West End
  •  4 Sales in West End
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