22-30 Broadway Avenue, Palmerston North
Tender 04 December 2025
1,350m2
2,900m2
+36
+35
Receivership sale - for sale by Tender
22-30 and 32-36 Broadway Avenue, Palmerston North. An exceptional opportunity to acquire one or both of these adjoining commercial properties, strategically positioned in the heart of Palmerston North's CBD. Located on the sunny side of Broadway Avenue, these properties enjoy prime exposure and foot traffic. Property Highlights: 22-30 Broadway Avenue • Three ground-floor retail tenancies • Office across 3 Levels • Excellent street frontage and visibility • 18 on-site car parks 32-36 Broadway Avenue • Prominent, character-style commercial building • Earthquake-prone and ideal for redevelopment • High-profile position in the CBD Location Features • Central position within Palmerston North's retail and entertainment hub • Adjacent to major pedestrian and vehicle routes • Surrounded by established retail, hospitality, and office uses • Backing onto the new TRYP by Wyndham Palmerston North - a 4.5-star, 86-room hotel currently under construction, which will feature retail outlets, health spa, gym, and conference facilities Purchase Options Option 1: Purchase both properties as a combined holding Option 2: Purchase either property individually
22-30 Broadway Avenue, Palmerston North
Web ID
BC215688
Floor area
2,900m2
Land area
1,350m2
District rates
$33,424.96pa
Regional rates
$1,586.13pa
LV
$1,420,000
RV
$1,880,000
Tender (will not be sold prior)
Thursday, 04 December 2025, 4.00pm
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5 modern offices of varying sizes situated in central high rise build. All offices have good natural light. Shared kitchen, elevator or take the stairs, reception area and boardroom available if required. Cafe on site and parking available.
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