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Palmerston North 1 Ranfurly Street, Palmerston North

3 Bedrooms2 BathroomsID BU188789
Auction (will not be sold prior)   14 October 2025   |   240 Broadway Avenue, Palmerston North 4414   |   1:00pm

Prime central development site

Opportunities like this are exceptionally rare. Positioned directly opposite the Plaza carpark, this 733m2 (more or less) corner site offers outstanding visibility and future potential in the very heart of Palmerston North. The options are wide open from redevelopment to land banking, or a mixed-use approach (subject to council approval). The existing dwelling is currently configured into two flats (one-bedroom and two-bedroom) but is in very tired condition. The real value lies in the land and location. Buyers with vision will immediately see the possibilities this site holds. Surrounded by retail, commercial, and residential activity, it's an address with long-term growth written all over it. Properties in this CBD location seldom come to market. Don't miss your chance to secure a prime site with unlimited potential. Do your sums and come to the auction and place your bid.
CHATTELS  Clothesline   |   Drapes   |   Electric Stove   |   Hob/cooktop - Electric   |   Fixed Floor Coverings   |   Letterbox   |   Light Fittings   |   Mirrors   |   Net Curtains
Features
Area | 153.00m2Land | 733 m2Rates | $8,139.65paRegional rates | $808.40paLV | $840,000RV | $855,000
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Laura Zhang

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