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Palmerston North CBD

412, 416, 418-426, 428-432 and 564 Rangitikei Street, Palmerston North CBD, Palmerston North

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2.50 ha Land area SQM

Simply the best development site


• Freehold land of 2.4989ha, (together with 2,028sqm of leasehold land) (more or less)
• Held in five separate titles
• Huge frontage to Rangitikei Street (SH3), secondary access off laneway
• This site has the highest traffic counts in the city

This is an enormous opportunity to explore the huge development potential this wonderful high-profile site offers. Perfectly zoned for large format retailing, service stations, food and beverage outlets (to name a few). Huge vehicle counts on Rangitikei Street being State Highway 3 complete the picture.

With over $8 billion of infrastructure and construction across multiple projects in the region, including the Mercury Energy Wind Farm, the Manawatu Gorge Highway replacement, almost completed, and the proposed KiwiRail Regional Freight hub.

This is a superb time to secure this substantial, well-located site and take advantage of the massive growth in the region. Nothing compares with this site. Nothing!

Note: All boundary lines are indicative only

Key features


Land area breakdown

Freehold land of 2.4989ha, (together with 2,028sqm of leasehold land) (more or less)

Exposure

Huge frontage to Rangitikei Street (SH3), secondary access off laneway

Location

This site has the highest traffic counts in the city

Opportunity

Huge development potential

Need help with finance?

Vega

Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.