Residential landholding with development potential

291 Napier Road offers 2.77ha (more or less) of residential-zoned land in a proven growth location on the edge of Palmerston North.

The zoning provides a clear pathway for subdivision or development, subject to council approval. Scale of this nature within the city boundary is increasingly limited, making this a compelling option for developers seeking a project site or longer-term landbank.

Existing infrastructure includes a substantial 389sqm (more or less) dwelling, which can provide holding income or interim use while planning and consenting are advanced. The layout allows for flexible occupancy, supporting a range of holding strategies.

Located alongside established residential development and close to key transport routes, the fundamentals are in place for a future project.