1 Ranfurly Street, Palmerston North
Auction 14 October 2025
3
2
+27
+26
Prime central development site
Opportunities like this are exceptionally rare. Positioned directly opposite the Plaza carpark, this 733m2 (more or less) corner site offers outstanding visibility and future potential in the very heart of Palmerston North. The options are wide open from redevelopment to land banking, or a mixed-use approach (subject to council approval). The existing dwelling is currently configured into two flats (one-bedroom and two-bedroom) but is in very tired condition. The real value lies in the land and location. Buyers with vision will immediately see the possibilities this site holds. Surrounded by retail, commercial, and residential activity, it's an address with long-term growth written all over it. Properties in this CBD location seldom come to market. Don't miss your chance to secure a prime site with unlimited potential. Do your sums and come to the auction and place your bid.
Chattels
1 Ranfurly Street, Palmerston North
Web ID
BU188789
Floor area
153m2
Land area
733m2
District rates
$8,139.65pa
Regional rates
$808.40pa
LV
$840,000
RV
$855,000
3
2
Auction (will not be sold prior)
Tuesday, 14 October 2025, 1.00pm
240 Broadway Avenue, Palmerston North 4414
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