A high-profile site with untapped potential
For Sale by way of Tender (unless sold prior), closing 3pm, Fri 30 Oct 2026, Bayleys, 243 Broadway Avenue, Palmerston North.
A 1,052sqm (more or less) corner-profile site on Palmerston North's inner-city ring road, approximately 500 meters from the CBD. Offering excellent exposure, vacant possession and outer business zoning, the property provides flexibility for owner-occupiers, add value investors and developers (subject to council consent). The site features two standalone buildings totalling a floorplate of approximately 403sqm. With a flat, regular site, the property offers strong long-term redevelopment potential.
Key attributes:
• 1,052sqm (more or less) flat, regular site
• 403sqm (more or less) existing buildings
• Vacant possession
• High-exposure fringe-CBD location
• Outer Business zoning
• Strong redevelopment potential
A high-profile commercial site offering immediate use with significant future potential.
A 1,052sqm (more or less) corner-profile site on Palmerston North's inner-city ring road, approximately 500 meters from the CBD. Offering excellent exposure, vacant possession and outer business zoning, the property provides flexibility for owner-occupiers, add value investors and developers (subject to council consent). The site features two standalone buildings totalling a floorplate of approximately 403sqm. With a flat, regular site, the property offers strong long-term redevelopment potential.
Key attributes:
• 1,052sqm (more or less) flat, regular site
• 403sqm (more or less) existing buildings
• Vacant possession
• High-exposure fringe-CBD location
• Outer Business zoning
• Strong redevelopment potential
A high-profile commercial site offering immediate use with significant future potential.
Key features
Zoning
Outer business zoning
Exposure
Fantastic corner site of 1,052sqm (more or less) flat, regular site with approximately 403sqm floor area across two buildings
Occupancy
Property will be sold with vacant possession
