41 Seddon Street, Feilding, Manawatu

Dual-income property with yield potential over 8%

Deadline sale, offers invited over $555,000, closing 12pm, Thu 9th Apr 2026

The vendors have already moved on to their next project and are motivated to see this property sold, creating a fantastic opportunity for investors or buyers seeking a practical multi-generational living solution.

Positioned at 41 Seddon Street, Feilding, this versatile property delivers immediate rental income and the potential for a gross yield of 8% or more, making it an attractive addition or starting point for any portfolio.

The front home is a comfortable and well-proportioned three-bedroom residence. Each bedroom is generously sized and fitted with wardrobes, while the kitchen provides good storage and connects to an adjoining laundry space. The family bathroom includes a shower, vanity, and toilet. At the other end of the home, a spacious living area enjoys great natural light through a charming bay window and is heated by a heat pump.

Step outside to a low-maintenance section designed for easy living, yet offering space to add more of your own. The covered rear porch offers a sheltered space for outdoor entertaining and flows through to the double garage, complete with two roller doors for secure parking and storage. Attached to the garage is a bonus room ideal as a hobby space, workshop, or home office.

Tucked privately toward the rear of the section sits the second dwelling, a tidy one-bedroom unit that provides a fantastic additional income stream. Inside, you'll find a comfortable kitchen and living space, a double bedroom, and a bathroom that combines the shower, laundry, and toilet. At the front of the unit, a screened-off private deck offers a peaceful spot to sit back and enjoy a morning cuppa.

Both the front home and the rear unit are Healthy Homes compliant and currently rented on periodic tenancies, providing flexibility with the front house at $550 per week and the back unit at $310 per week.

The property is well located and within zone for multiple early childhood centres and schooling options, including Feilding Playcentre, Lytton Street School, Feilding Intermediate and Feilding High School.

With dual income, flexible living options, and motivated vendors, this is an opportunity not to miss. Multi-dwelling properties like this aren't often available, so call to discuss your viewing options now!