140 Ferguson Street, West End, Palmerston North
Auction 14 February 2025
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Property / Residential / Sale / Manawatu/Whanganui / 140 Ferguson Street, West End, Palmerston North
Prime development opportunity
This exceptional property presents a rare opportunity for developers or investors to secure a freehold section in the highly desirable West End. With a sprawling land area of 1,012 m2 (approx.), this level and accessible site offers incredible potential for redevelopment or long-term investment. The property features a three-bedroom dwelling built between 1908, the home provides a solid base for those looking to renovate or generate interim rental income. The property is perfectly positioned for subdivision or multi-unit development, subject to council approval. The level contour of the section ensures ease of construction, while the property's central location adds significant appeal. Situated close to schools, local amenities, and transport links, this is a prime spot for future growth. For developers, the expansive section size and excellent street frontage make this a standout opportunity to create a modern housing development. Investors will appreciate the strong land appreciation potential, with the flexibility to land bank or pursue immediate development options. Opportunities like this are increasingly rare in Palmerston North's. Contact Barry now to explore the possibilities and make your move!
Chattels
140 Ferguson Street, West End, Palmerston North
Web ID
BU162270
Floor area
93m2
Land area
1,012m2
District rates
$4,449.45pa
Regional rates
$639.48pa
LV
$535,000
RV
$640,000
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1
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Auction (will not be sold prior)
Friday, 14 February 2025, 11.00am
Orlando Country, 748 Rangitikei Line, Newbury, Palmerston North 4475
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