Character & Stylish Retail Investment Opportunity


153-154 The Square, Palmerston North Cbd

By Negotiation

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Character & Stylish Retail Investment Opportunity | 153-154 The Square, Palmerston North Cbd | 3051407 |      X Close
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Character & Stylish Retail Investment Opportunity


Opportunities like this do not come often to the Market.

The United Friendly Societies' Dispensary (UFSD) was built around 1938 designed by the architect A.R. Allen (Palmerston North architect from the mid twentieth century). This building has character, style and history behind its construction.

The building has two titles, which run from The Square to Cuba Street and offers a mix of commercial and residential opportunities. It has five commercial leases in place with two retail premises located on the ground floor and a studio on the first floor with views of The Square and two retail premises on Cuba Street. In addition, there are three residential apartments, one located on the first floor of The Square side and the other two apartments are north facing looking to Cuba Street.

The rooftop area has a balcony that looks at The Square and a boardroom with a vacant space ideal for a office or a meeting room (former dental rooms) that could also create an Art Gallery.

This building is centrally located, close to all the City's amenities, cafes, library and shops. A unique opportunity for an investor or a business owner to live and/or run their business right on the heart of Palmerston North.

Mitchell Boddy

Palmerston North

Licensed under the REA Act 2008

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153-154 The Square, Palmerston North Cbd

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Mitchell Boddy

Palmerston North

Licensed under the REA Act 2008

View profile