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54 Palmerston Street

Riverton Southland

10
2024 m²
Other
Currently for sale - view listing

Overview

Coastal storage - unlimited potential

This Riverton property presents a rare chance to secure a versatile asset in a busy seaside location, offering both immediate use and strong future potential. It features a 10-unit garage complex that could generate consistent income, with ongoing demand from locals, holiday homeowners and tradespeople seeking secure storage. Alongside the garages, a vacant section provides flexibility for future development, expansion, owner occupy or land banking as Riverton continues to grow in popularity. Positioned in a high traffic area & close to local amenities, this is an opportunity that combines potential income with a long term upside. Call Melanie or Eileen to view today. Please note the purchase price will be GST if any. Deadline Sale closes Thursday 14 May 2026 at 4.00pm (unless sold prior). Please note: Land and Floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e Regional/City councils, Propertysmarts/REINZ/Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.

Features

10 carspaces
10 garage spaces
2024 m² lot size
Other

Happy sellers in Riverton

58%
58% of sellers in Riverton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 24 reviews in Riverton over the last 12 months.

Local market activity for other properties in Riverton

In the last 12 months, 9 other properties similar to 54 Palmerston Street, have been sold.

This represents a 60% decrease in other properties sales when compared to the previous 12 months.

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