Back 18 Karamea Crescent
Off Market

18 Karamea Crescent

Kelvin Grove Manawatu-Wanganui

5
2
1
108 m²
612 m²
House
Last sold for $650,000
Ash JetlyAsh Jetly, last sold this property on 21 January 2026 after 63 days on market.

Overview

HOME AND INCOME OPPORTUNITY

This is a standout opportunity in the Palmerston North property market. Freshly styled and thoughtfully laid out, this three-bedroom home delivers modern comfort, flexible living, and excellent income potential. With two dwellings on separate power meters, the property offers a combined rental return of up to $940 per week. The main residence features a spacious separate lounge, an open-plan kitchen and dining area, and the convenience of a separate shower, toilet, and laundry. Complementing the home is a fully self-contained sleepout that truly sets this property apart. Complete with its own lounge, kitchen, shower, toilet, and two rooms, it is ideal for teenagers, extended family, guests, or generating additional income. Further highlights include a single garage in the rear dwelling and a partially fenced section, perfect for young children. Conveniently located close to local schools, this property delivers space, versatility, and lifestyle appeal in a sought-after Palmerston North location. Whether you’re looking for a family home with multi-generational living options or a smart investment with strong returns, this Home and Income property offers outstanding potential.

Features

5 bedrooms
2 bathrooms
1 carspace
1 garage space
108 m² floor area
612 m² lot size
House

Estimated Value

We need at least 3 similar 5 bedroom houses sold in Kelvin Grove over the last 12 months.

Property history for 18 Karamea Crescent

2026
Sold
$650,000
21 Jan 2026 by Ash Jetly, of Professionals Palmerston North (Unique Realty Ltd)

Happy sellers in Kelvin Grove

87%
87% of sellers in Kelvin Grove reported that their sale price either exceeded or met their price expectations.

Kelvin Grove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 47 reviews in Kelvin Grove over the last 12 months.

Local market activity for 5 bedroom houses in Kelvin Grove

In the last 12 months, 2 five-bedroom houses similar to 18 Karamea Crescent, have been sold.

This represents a 67% increase in five-bedroom houses sales when compared to the previous 12 months.

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