333-341 Church Street, Palmerston North Central, Palmerston North
By Negotiation
1,015m2
2,960m2
+1
The Grand Hotel building (Former)
The Grand Hotel Building (Former) is a heritage-listed property offering a well-located and flexible commercial asset in the heart of Palmerston North's CBD. The building provides a variety of tenancy sizes and showcases strong character appeal throughout. With its significant heritage charm, the property presents excellent redevelopment potential - whether for a boutique hotel, apartments, or a mixed-use concept. It is, however, currently classified as an earthquake-prone building, offering both a challenge and a substantial opportunity for purchasers prepared to undertake strengthening and revitalisation. Calling developers: This prominent central-city site offers outstanding potential for future redevelopment, leveraging its prime location, high visibility, and underlying land value. An adjoining carpark block is also available for purchase, further expanding the scope for a comprehensive development project. Given its strategic CBD position and architectural character, the property represents a compelling opportunity for investors and developers seeking to reposition or rejuvenate a landmark site within Palmerston North's city centre. • Heritage building • Floor Area 2960m2 (approx) • Land area 1015m2 (approx) • Option to purchase carparks next door • RV $2,710,000
333-341 Church Street, Palmerston North Central, Palmerston North
Web ID
BC214570
Floor area
2,960m2
Land area
1,015m2
District rates
$42,694.51pa
Regional rates
$2,220.77pa
LV
$1,420,000
RV
$2,710,000
By Negotiation
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Tender 04 December 2025
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