Home buyers or developers will recognise this is a rare opportunity to buy north-facing homes or 3,006 sq m (more or less) of prime development land in this exclusive Hokowhitu address. Beautifully established trees and gardens with prolific birdlife often appeal to people over new subdivisions. A proposed survey plan has presented the option of up to ten sections on the 3,006 sq m (more or less) of bareland after the removal of the three houses.


There are many alternative section configurations. If a developer were to leave the houses there are options to subdivide three sections off to sell. For developers, the rental income of $105,000 gross income per annum for three houses presents a contribution towards holding costs until development starts. A leading school zone location with many lifestyle attractions nearby. The Lagoon Reserve, Manawatu River walkway and Victoria Esplanade.


*boundary lines are indicative only


Tender closes 1:00 p.m. Thursday 6 June 2024 in
NZSIR Palmerston North Office,
176 Broadway Avenue (unless sold prior)