Back 453A Ferguson Street
Off Market

453A Ferguson Street

Palmerston North Manawatu-Wanganui

10
5
5
330 m²
1386 m²
Unit
Maura TootillMaura Tootill, last sold this property on 03 July 2025 after 17 days on market.

Overview

Prime central block of five flats offered for sale

For sale by Auction 11:00am, Fri 4 July 2025 (unless sold prior), Bayleys, 243 Broadway Avenue, Palmerston North We are pleased to present an opportunity to acquire a substantial property comprising of five, two-bedroom, cross-leased flats, each set on a 1/5 share of 1,386sqm (more or less) in a fantastic central location. The properties are set back from the road, within walking distance to the CBD, easy commute to Massey University and all amenities. The units are low-maintenance brick and aluminium joinery, well-maintained and easily managed. The property includes easy care landscaping. Unit 12 has recently been redecorated and all units are in good condition and Healthy Homes Compliant. If you are looking for a solid investment opportunity currently with 100% occupancy, then look no further. These units offer a great income. The five units are on individual cross-leased titles and have the potential to be sold individually in the future. Tenant demand for this type of property in this location is high. Approximately 1.5 hours drive from the Kapiti Coast and approximately 2 hours drive from Wellington. The Manawatu region is experiencing huge growth and is supported by Government infrastructure spend. Our Vendors are genuinely on the market. Please do not hesitate to contact me to receive further information and to arrange a viewing of the property.

Features

10 bedrooms
5 bathrooms
5 carspaces
5 carport spaces
330 m² floor area
1386 m² lot size
Unit

Estimated Value

We need at least 3 similar 10 bedroom units sold in Palmerston North over the last 12 months.

Property history for 453A Ferguson Street

2025
Sold
Undisclosed
03 Jul 2025 by Maura Tootill, of Bayleys Palmerston North

Happy sellers in Palmerston North

76%
76% of sellers in Palmerston North reported that their sale price either exceeded or met their price expectations.

Palmerston North stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Palmerston North over the last 12 months.

Local market activity for 10 bedroom units in Palmerston North

Nearby agents

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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent