Positioned on one of Palmerston North's most prominent intersections, 4 Broadway Avenue presents a rare opportunity to secure a high-profile commercial property overlooking The Square. Occupying a commanding corner site with approximately 20 metres of frontage to The Square and 25 metres to Broadway Avenue, the property enjoys exceptional exposure from two of the city's busiest thoroughfares, creating unparalleled branding and signage opportunities.
Comprising a substantial 790sqm building across two levels, the property offers approximately 465sqm on the ground floor and 325sqm on the first floor. Large glazed frontages, automatic entry doors and extensive natural light contribute to a modern and welcoming environment suited to a wide range of commercial uses.
The building is offered with full vacant possession, providing complete flexibility for owner-occupiers, investors and developers alike. Occupy the entire premises and establish a flagship business presence, utilise the ground floor retail space while generating income from the upper-level offices, or occupy the first floor and lease the ground floor to a complementary tenant. The adaptable configuration creates multiple pathways to maximise value and future returns.
With a seismic rating of 90% NBS, the property offers confidence for incoming purchasers while its strategic location places businesses at the heart of Palmerston North's commercial centre. Whether you are seeking a prominent headquarters, an income-producing asset, or a combination of both, 4 Broadway Avenue represents a significant opportunity to secure a landmark position in the city's CBD.
Contact the Colliers team today for further information or to inspect the property.
(Note: All measurements and specifications are approximate).
Features:
- Total floor area 790sqm
- Land area 610sqm
- Vacant possession
- Inner Business zoning
- Rating Value $3,230,000
- Seismic status 90% NBS (Detailed Seismic Assessment prepared by BECA Limited, dated 10 October 2019)
More information: https://www.colliers.co.nz/p-NZL67042119
