Platinum Partner
Listing Description
Listed: Fri, 7 Aug
Development land in high-growth Horowhenua
24A Grand Street, Shannon, Horowhenua, Manawatu / Whanganui
Details
| Attribute | Value |
|---|---|
| Property use | Development site |
| Agency reference | 3053394 |
Description
- 2.1273ha (more or less) freehold residential-zoned land
- Indicative subdivision yield of 25 to 27 lots (subject to council consent)
- Freehold title within an established, serviced residential setting
- Strategically positioned between Palmerston North and Levin with State Highway 57 connectivity
Residential-zoned development land of this scale, held on a single freehold title within an established urban environment, rarely reaches the open market.
Surrounded by established homes and serviced streets, scoping work already undertaken identifies a credible development pathway for the site, with an indicative subdivision yield of 25 to 27 residential lots, subject to council consent. This preliminary work provides prospective purchasers with a well-defined foundation from which to advance feasibility, design and consenting. The Horowhenua District is a resilient, rural-led economy and a highly strategic position between Palmerston North and Wellington. The region continues to attract new residents and investment, with affordability making the district a compelling investment destination.
A superb opportunity for developers, land bankers and add-value investors to secure a significant residential development holding in a region positioned for sustained growth.
Property Files
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