Positioned on a prominent 1,012m² site just a short walk from Palmerston North’s city centre, 477 Church Street presents a rare opportunity to secure a substantial property with flexibility, income potential and future possibilities.

Originally built in the 1920s, this character home spans approximately 298m² and is currently configured with a medical practice downstairs and a residential tenant upstairs. With two titles, generous onsite parking and a versatile layout, the options here are wide open for investors, developers or business owners.

For buyers seeking an income producing asset, the current mixed use set up may continue to suit perfectly. Operate consulting rooms or offices downstairs while retaining residential accommodation above, creating multiple income streams within one centrally located property.

Alternatively, there is potential to reimagine the building entirely. The scale, charm and location could lend themselves to a substantial family home, boutique accommodation or a live work arrangement.

Investors may also see appeal in converting the property into a room by room tenancy arrangement, capitalising on the large floor area, central location and easy access to transport, shopping and amenities. Subject to any required consents, the flexibility creates exciting future possibilities.

Outside, approximately 10 onsite car parks provide a significant advantage this close to the CBD.

Character features from the home’s original era still shine through, adding warmth and charm rarely found in central locations. Combined with its scale, versatility and positioning, this is a property that invites vision and rewards creativity.

Whether you are looking for centrally located business premises, a redevelopment opportunity or an investment with multiple income options, 477 Church Street deserves your attention.

Tenders close 1pm Friday 26th June Unless sold prior.

Contact Nicky Vallender today to arrange your private viewing.