Set across approximately 16 ha in Palmerston, this substantial Shag river-edge property offers scale, privacy and long-term potential in a peaceful natural setting. The property includes an existing three bedroom dwelling being sold on an as is, where is basis, as well as a 4-bay implement shed with 1-bay enclosed with a lockable door. Large blocks in this setting, with river frontage are hard to find - this is a chance to secure a sizeable holding with genuine potential.

Buyers $699,000+

Positioned in a highly sought-after and strategic location, 1A College Street presents a rare opportunity to secure a substantial landholding with outstanding versatility and future potential. Comprising a total land area of approximately 10.5294 ha, this property offers scale, accessibility, and flexibility that is increasingly difficult to find so close to town. The property benefits from excellent access, making it ideally suited for a range of uses including a contractors' yard, storage base, or future development opportunity. The size and layout provide ample room for machinery, materials, and operational infrastructure, while still retaining long-term landbank value. A key feature is the three-bedroom home, which will sit on its own 6,682m2 title (currently in the process of being finalised). This creates flexibility for purchasers to utilise the dwelling as rental income, staff accommodation, office space, or potential resale, adding another layer of value to the overall offering. The balance of the land, being approximately 9.8612 ha, is Industrial zoned, further enhancing the property's appeal for commercial operators, investors, and developers looking to secure a well-located and scalable site. Opportunities of this nature are rare, combining immediate usability with future potential in a tightly held area. Whether you are looking to establish, expand, or invest, 1A College Street delivers on all fronts.

Deadline Sale

Discover an exceptional opportunity to create your own slice of rural paradise on this 15.6004 ha (38.5 acres) grazing/lifestyle block. There is a number of potential building sites from an elevated position offering magnificent views of the East Otago countryside. The easy rolling contour offers flexibility to graze stock and grow feed for use or sale. Spilt into two paddocks with permanent fencing, one unit of water from the local Stoneburn Scheme and power to the roadside gate, it's waiting for you to push go! Superbly located just 3.5 km from Palmerston the property provides easy access to town amenities while retaining the peaceful rural setting.

By Negotiation