56 North Street, Palmerston North, Manawatu-Wanganui

Home

Palmerston North

SoldMar 19, 2026

56 North Street, Palmerston North, Manawatu-Wanganui

Amount undisclosed

127 m²

946 m²

House

•

21 days on the market

Sold: Mar 19, 2026

What's around 56 North Street

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)