645 Makerua Road and 3-14 Karaka Street, Tokomaru, Palmerston North
price TBC
18,596m2
3,142m2
"Liquidation sale" for sale by tender
645 Makerua Road and 3-14 Karaka Street, is located in the small township of Tokomaru, 18km southwest of Palmerston North. This extensive and versatile site has been a heavy-duty engineering premise from 1960s to 2023. The main double bay workshop has high bay doors at each end and an enclosed grit/sand blasting room. The entire property can be purchased as one, or the property can be bought split into three separate options. Industrial properties are in high demand in the Palmerston North region. This is a large-scale commercial, industrial property with accommodation and ready access to the significant arterial traffic route State Highway 57. The opportunities are endless. It will appeal to a broad range of potential purchasers. The opportunity to purchase a vacant affordable property of this size is a rare find in today's market. • Land area 18,596m2 (more or less) • Three separate purchase options • Main double bay workshop 1,533m2 (more or less) • Grit/sandblasting bay 97m2 (more or less) • Five certified gantry cranes • Painting bay 613m2 (more or less) and a dangerous goods lock-up area • Compressor shed and a work bay 142m2 (more or less) • Utility profile cutting workshop 250m2 (more or less) • Three houses • Two transformers, 600amp, 11,000 volts 300 KVA
645 Makerua Road and 3-14 Karaka Street, Tokomaru, Palmerston North
Web ID
BC168469
Floor area
3,142m2
Land area
18,596m2
District rates
$6479.02pa
Regional rates
$1399.42pa
LV
$1,070,000
RV
$2,665,000
price TBC
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Whether you’re buying your first home, upsizing, seeking a project with potential, or looking for a solid investment, don’t look past 7A Puketea Street, Tokomaru. This generously sized home is ideal for a large family, those with boarders, or anyone needing a shared living arrangement, offering four bedrooms and two bathrooms. While it would benefit from a little love, the bones are solid and the potential is undeniable. Set in a very quiet location, this property offers the feel of country living without the country price tag. A local dairy and a well-regarded country primary school are both within easy walking distance, adding to the convenience and community appeal. Built in 1976, the home spans approximately 140m2 and sits on an impressive 1,535m2 (approx.) section, providing plenty of space for kids, pets, chickens — and maybe even a goat. A double garage and good off-street parking complete the package. Conveniently located just 10 minutes to Linton Military Camp, 12 minutes to Massey University, and 19 minutes to Palmerston North’s city centre, this property offers both space and accessibility. A great first home, family home, or rental investment with plenty of scope to add value. Call today to arrange your viewing — opportunities like this won’t last long.
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