Located on the boundary of Palmerston North, this 6.1 hectare (STS) property presents a compelling investment opportunity. Formerly an extensive horse agistment and training facility, the site retains key features such as a circular training pen and quality stables, making it ideally suited for continued use as an equine facility. Positioned on a private no-exit road, the property includes a 253 m2 character house from the 1910s. This offers potential for renovation or redevelopment to suit your vision. Additional features include a three-bedroom fully self contained flat, and a spacious carport. The property is well subdivided, with comprehensive horse and stock shelters. With the town boundary expanding, this site offers significant land banking potential. This is a rare opportunity to acquire a prime piece of Palmerston North real estate. Contact us today to discuss how this unique property can align with your investment strategy.