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A golden rule in real estate is to always buy for location. With bidding to start from $500,000, you will want to start planning what to do with this character home situated on an 809m2 (more or less) section in Hokowhitu, arguably the most sought-after suburb in Palmerston North. This location is within walking distance to the CBD, supermarkets, The Plaza , Massey University, The Esplanade, river walkway and cycle track. Additionally, a Caltex service station, pizza store, and off-license are just meters away. Schooling is a breeze, as 374 College Street is zoned for Intermediate Normal, College Street Normal, and Palmerston North Girls' and Boys' High Schools, with three of those schools just a short walk away. With such convenience, it is easy to see the wide appeal this property offers. The home itself is a 1920s character property in need of work. The 172m2 (more or less) layout currently features three bedrooms, an open-plan kitchen and living space, a separate dining room, and a separate lounge that is currently being utilized as a bedroom. A large single plus garage and an unpermitted one-bedroom sleepout with bathroom facilities on a fully fenced section complete the offerings here. Currently tenanted periodically, with tenants happy to remain, our out-of-town vendor is offering the property at auction and wants it sold. Contact us now so we can help you be ready to bid on auction day.