1 Ranfurly Street, Palmerston North
By Negotiation
3
2
+18
+17
Prime development site
Central location with commercial and residential zoning. Set in a high-profile location directly opposite The Plaza carpark, this 753m2 (more or less) corner site offers a rare opportunity for developers and land-bankers. With a rateable Value of $855,000 and dual zoning (commercial and residential), the true value here lies in the land and its unbeatable position in the heart of the city. The existing dwelling is currently divided into a one-bedroom and a two-bedroom flat and is in tired condition. Buyers with vision will recognise this as a prime canvas for future potential, subject to council approval. Opportunities in this tightly held location are few and far between. Whether you're considering commercial use, residential development, or a mixed approach, this property offers exceptional long-term potential.
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
By Negotiation
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