418-426 Rangitikei Street, Palmerston North, Palmerston North City, Manawatu Simply the best development site

Available PropertyFiles:

  • HRC Consent.zip
  • Information Memorandum.zip
  • LIM.zip
  • PNCC Application.zip
  • RC.zip
  • Titles.zip

Property Description

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!

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.

Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Sunil Bhana

Bayleys Real Estate Limited

Licensed under the REA Act 2008

09 375 8438   021 938 660   sunil.bhana@bayleys.co.nz   All Listings

Sunil has been with Bayleys for over 20 years and his personable approach and hard working attitude has led to the conclusion of a significant number of transactions over the years, in both buoyant and difficult markets.

Sunil manages and leads Bayleys South Auckland, a high-performing and experienced Commercial and Industrial team of over 26 people who work together to ensure the best client outcomes are achieved. He also transacts in commercial, industrial, capital markets and special projects across the country, utilising Bayleys’ national network and collaborating with agents on the ground.

Sunil is motivated, results oriented, and provides a professional approach to property marketing, possessing the attention to detail essential to the smooth running of a campaign.

Consistently featured amongst Bayleys’ top performing agents and regularly positioned in the top 10% of Bayleys salespeople nationally, Sunil’s contribution and commitment to the company is also acknowledged through his multitude of awards, including the Bayleys Way Award which recognises impeccable client service and staff determination to be the best at what they do.