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Landbank Development Opportunity

317-321 Main Street, Palmerston North Central

Commercial Land
dollar

Negotiation

Floor area
599m2
Land area
754m2
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Map

Property details

Listing # 67001467 | Listed on 13 April 2022

With a central profile location and holding income from six tenants, comprising four retailers and two first floor residential flats, this property is an ideal medium to long term landbank development opportunity. Call the exclusive agents today.

Please contact the broker for access to the secure dataroom for this listing.

Features:

  • Land area 754m² (more or less)
  • Floor area 599m² (more or less)
  • Zoned ‘Outer Business’
  • Multiple tenancies
  • Holding income $52,334.94 PA + GST + OPEX
  • Good location between Davis Trading, Inspirenet and opposite Te Manawa Museum
  • Medium to long term landbank development opportunity

More information: https://www.colliers.co.nz/p-NZL67001467

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