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457A Ferguson Street, Central, Palmerston North

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1,182sqmย Land area SQM
3ย Bedrooms
1ย Bathrooms
2ย Parking

For Sale by Negotiation

Calling all investors, developers, land bankers an


Price by Negotiation

It is not often we come across a parcel of land this size so close to the city centre!
There are current challenges with development here - due to the long, multiple shared driveway access - but they say investing in land is a safe bet so don't miss out on this one! The rental yield here will be strong so holding this for future development or resale is a smart move.
The 1960's stucco home is as solid as they come and features three good sized bedrooms, one bathroom, good storage and an updated kitchen with nice living. In tidy condition throughout, this can be rented out straight away or you could live in it and/or add further improvements.
This is being sold by negotiation with a deadline for offers set for 1pm on Wednesday, 28 February 2018. All offers will be considered so don't be put off if you have conditions like finance to satisfy. And it can be sold prior to the deadline so act now!

Contact Ian Robinson on 0273195858 today for more information and your chance to view.

House Area 109sqm (more or less) with separate garaging
Land Area 1,182sqm (more or less)
Rateable Value $285,000
Improvement Value $70,000
Land Value $215,000


Ian Robinson

Ian Robinson


Mid West Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Land


Large parcel of land, fully fenced and flat.

Location


Central with easy access to the city centre.

Return


This should stack up as a fantastic investment for a multitude of buyers from home owners to land bankers.