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Palmerston North

412, 416, 418-426, 428-432 and 564 Rangitikei Street, Palmerston North, Palmerston North

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2.50 ha Land area SQM

Simply the best development site


For sale by way of Deadline Private Treaty closing 4pm, 8 May 2025 (unless sold prior) Bayleys, 243 Broadway Avenue, Palmerston North.

• Freehold land of 2.4989ha, (together with 2,028sqm of leasehold land) (more or less)
• Held in five separate titles
• Huge frontage to Rangitikei Street (SH3), secondary access off laneway
• This site has the highest traffic counts in the city

This is an enormous opportunity to explore the huge development potential this wonderful high-profile site offers. Perfectly zoned for large format retailing, service stations, food and beverage outlets (to name a few). Huge vehicle counts on Rangitikei Street being State Highway 3 complete the picture.

With over $8 billion of infrastructure and construction across multiple projects in the region, including the Mercury Energy Wind Farm, the Manawatu Gorge Highway replacement, almost completed, and the proposed KiwiRail Regional Freight hub.

This is a superb time to secure this substantial, well-located site and take advantage of the massive growth in the region. Nothing compares with this site. Nothing!

Note: All boundary lines are indicative only

For Sale by Deadline Private Treaty
(unless sold prior)

243 Broadway Avenue, Palmerston North

8
May

Time4pm
Calander
Calendar
Karl Cameron

Karl Cameron

Commercial Sales

Bartley Real Estate Manawatu Ltd, Bayleys,
Licensed under the REA Act 2008
Sunil Bhana

Sunil Bhana

Director - Capital Markets, Industrial and Logistics

Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Mark Sherlock

Mark Sherlock

Commercial and Industrial Sales

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Land area breakdown


Freehold land of 2.4989ha, (together with 2,028sqm of leasehold land) (more or less)

Exposure


Huge frontage to Rangitikei Street (SH3), secondary access off laneway

Location


This site has the highest traffic counts in the city

Opportunity


Huge development potential

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