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Back 56 North Street
Off Market

56 North Street

Palmerston North Manawatu-Wanganui

5
2
3
127 m²
946 m²
House
Charles & AshleighCharles & Ashleigh, last sold this property on 18 March 2026 after 20 days on market.

Overview

Two Homes. One Title. Double the Opportunity.

Opportunities like this are rare — and smart buyers know it. Set on a single title, this unique property offers two tidy, self-contained homes on a private rear site backing onto QEC College fields, just minutes from the CBD. It's the kind of purchase that gives you options — strong rental income, multi-generational living, or the chance to live in one and rent the other to create your own built-in income stream. The front home features two bedrooms, bathroom, carport with off-street parking and its own easy-care yard. The rear home offers three bedrooms, bathroom, double garage and decking with backyard. Both properties are well-presented, low-maintenance and ready to perform from day one. Both homes are healthy homes compliant. For investors, this is an epic dual-income opportunity on one title. For home buyers, it's a strategic move — offset your mortgage while building long-term wealth. Secure it, rent it, live in it — but don't miss it. Unit 1 (rear) currently rented for $540pw (Rental appraisal of $580 - $595 per week) Unit 2 (front) currently rented for $450pw (Rental appraisal of $445 - $455 per week)

Features

5 bedrooms
2 bathrooms
3 carspaces
1 carport space
2 garage spaces
127 m² floor area
946 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Palmerston North over the last 12 months, the estimated median property value of 56 North Street is $760.65k.

Median value
$760.65k
Estimated value range
$640k - $875k
Median days on market
38
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Palmerston North. 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 56 North Street

2026
Sold
Undisclosed
18 Mar 2026 by Charles & Ashleigh, of Shelley Naylor Realty Palmerston North (Shelley Naylor Realty Ltd)

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 35 reviews in Palmerston North over the last 12 months.

Local market activity for 5 bedroom houses in Palmerston North

In the last 12 months, 3 five-bedroom houses similar to 56 North Street, have been sold.

This represents a 33% decrease in five-bedroom 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 Palmerston North

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Mark Davis

Sellers who recommend Mark Davis have praised them for being clear communication, local expert, friendly, well-prepared, responsive, supportive and reliable

  •   4.9   (117 reviews)
  •  7 Reviews in Palmerston North
  •  5 Sales in Palmerston North
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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   (47 reviews)
  •  4 Reviews in Palmerston North
  •  7 Sales in Palmerston North
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Michele Barnao

Michele Barnao is a recommended agent for Palmerston North.  They have 5 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (12 reviews)
  •  4 Reviews in Palmerston North
  •  5 Sales in Palmerston North
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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)
  •  4 Reviews in Palmerston North
  •  3 Sales in Palmerston North
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