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24A Grand Street

Shannon Manawatu-Wanganui

2.13 ha.
Land
Currently for sale - view listing

Overview

Development land in high-growth Horowhenua

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.

Features

2.13 ha. lot size
Land

Property history for 24A Grand Street

2022
Sold
Undisclosed
Sold by Set Date on 09 Feb 2022 by Jason Ashcroft, of Harcourts Palmerston North (Team Manawatu Realty Ltd)

Happy sellers in Shannon

51%
51% of sellers in Shannon reported that their sale price either exceeded or met their price expectations.

Shannon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Shannon over the last 12 months.

Local market activity for land plots in Shannon

In the last 12 months, 3 land plots similar to 24A Grand Street, have been sold.

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