22 Campbell Road, Bunnythorpe, Manawatu

Dual income investment in growth location

For sale by deadline closing 2pm, Thur 7 May 2026 (unless sold prior).

Opportunities like this are few and far between. Secure a smart investment with built-in income streams from fully tenanted residential and commercial tenancies, perfectly positioned in a rapidly developing area.

This modern, spacious three-bedroom family home is currently tenanted at $600 per week, providing reliable residential income from day one. Complementing this is a well-established commercial premises, leased to Cuba Street Bakehouse on a three-year term, returning $15,000 per annum plus GST plus insurance and 40% of rates - delivering peace of mind and minimal landlord responsibilities.

Located in close proximity to the North East Industrial Park and the soon-to-be-developed Inland Port, this property is ideally positioned to benefit from ongoing growth and increased demand. With easy access to both Feilding and Palmerston North, convenience and connectivity are key features of this strategic location.
This dual income property offers a compelling opportunity to minimise risk while maximising returns.

Key Features:
• Residential periodic tenancy of $600 per week or $31,200 pa incl GST
• Commercial tenancy with established business on a 3-year lease - $15,000 pa + GST, insurance and 40% rates (enquire for lease terms)
• High-growth location near major infrastructure projects
• Dual income stream for reduced investment risk
• Excellent access to Feilding and Palmerston North

Whether you're an investor seeking diversification or a savvy buyer looking for strong returns in a growth area, this property ticks all the boxes. Enquire today to secure this rare opportunity.