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Development land in high-growth Horowhenua

24A Grand Street, Shannon

Investment Opportunities
dollar

Deadline Sale

Land area
2.13ha
Title type
Freehold
On this page:

Deadline sale

Wednesday
2:00pm
09
Sep

Map

Property details

Listing # 3053394 | Listed on 7 August

Deadline sale, closing 2pm, Wed 9th Sept 2026 (will not be sold prior).

  • 2.1273ha (more or less) freehold residential-zoned land
  • Indicative subdivision yield of 25 to 27 lots (subject to council consent)
  • Freehold title within an established, serviced residential setting
  • Strategically positioned between Palmerston North and Levin with State Highway 57 connectivity

Residential-zoned development land of this scale, held on a single freehold title within an established urban environment, rarely reaches the open market.

Surrounded by established homes and serviced streets, scoping work already undertaken identifies a credible development pathway for the site, with an indicative subdivision yield of 25 to 27 residential lots, subject to council consent. This preliminary work provides prospective purchasers with a well-defined foundation from which to advance feasibility, design and consenting. The Horowhenua District is a resilient, rural-led economy and a highly strategic position between Palmerston North and Wellington. The region continues to attract new residents and investment, with affordability making the district a compelling investment destination.

A superb opportunity for developers, land bankers and add-value investors to secure a significant residential development holding in a region positioned for sustained growth.

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