Coming soon - Lagoon waterfront sections – further subdivision potential

An exceptionally rare opportunity to secure the last remaining 2,051sqm (more or less) of Lagoon waterfront bare land, held in two separate titles – 1,277sqm and 774sqm (more or less) – in Palmerston North’s most admired residential lifestyle addresses.

The property’s flexibility adds further appeal. Already held in two titles, there is further potential for purchasers to explore a range of future section size and layout options. From creating one substantial waterfront residence to investigating further subdivision options into two, three, four or potentially more sections, subject to the necessary approvals. A surveyor has already prepared a range of possible section layout options for interested purchasers to consider.

Imagine creating your own private waterfront home in this incredibly special living environment, waking each morning to tranquil lagoon and reserve views across to Centennial Lagoon and Manawatu Golf Club, with native birdlife and nature providing a peaceful backdrop.

Enjoy an easy stroll to the Hokowhitu Village, local cafés, amenities and the Manawatu River pathway. Surrounded by quality architecturally designed homes, this Centennial Lagoon opportunity is a truly exceptional waterfront landholding for you to create something very special and a legacy for generations to come.

Tenders close 1pm, Tue 24 Nov 2026 (unless sold prior)
Bayleys, 243 Broadway Avenue, Palmerston North

*boundary lines are indicative only and show proposed subdivision options only.