


Listing Description
Prime central development site
1 Ranfurly Street, City Centre, Palmerston North, Manawatu / Whanganui
Asking price $850,000
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $855,000 |
| Agency reference | BU188789 |
| Broadband in the area |
Description
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.
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