Back 84 Palmerston St
Off Market

84 Palmerston St

Riverton Southland

2
1
120 m²
536 m²
House
Last sold for $300,000
Jaimee McCabeJaimee McCabe, last sold this property on 10 March 2024 after 88 days on market.

Overview

Preserving history and embracing the future

Welcome to 84 Palmerston Street, Riverton - a true embodiment of New Zealand's rich history. Step into the past as we explore this remarkable property, a local landmark with a story dating back to the early 1800s. Standing as a representative collection of the iconic NZ 'Box Cottage.', its roots trace back to a time when Riverton was yet to be surveyed in 1858. Theophilus Alfred James Daniel, a prominent local citizen, obtained the land upon which these cottages now proudly stand. The property has witnessed the marriage of Daniel to Elizabeth Stevens, the half-sister of Captain James Howells, the 'founder' of Riverton. Over the years, this historic gem transitioned through various owners, predominantly women, each contributing to the rich tapestry of Southland's history. Today, 84 Palmerston Street is seeking a new custodian to embark on the next chapter of its journey. This property isn't just a home; it's a business opportunity waiting to unfold. Imagine opening its doors to the public, transforming it into a cozy tea room, or perhaps a cafe. This property promises not just a slice of Riverton's history but an investment that will appreciate over time. The property spans 536 square meters of land, offering a floor area of approx. 120 sqm. With two bedrooms, two living areas and a bathroom, it retains its historic character while providing modern comforts. Electric hot water, a coal range with a wetback and heat-pump heating add to its unique features. Don't miss the chance to be part of Riverton's living history. Please note: Land and Floor area measurements are approximate, and boundary lines indicative only.

Features

2 bedrooms
1 bathroom
120 m² floor area
536 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Riverton over the last 12 months, the estimated median property value of 84 Palmerston St is $525k.

Median value
$525k
Estimated value range
$308.5k - $995k
Median days on market
60
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Riverton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 84 Palmerston St

2024
Sold
$300,000
10 Mar 2024 by Jaimee McCabe, of Ray White Invercargill
2018
Sold
$185,000
03 Apr 2018 by Eileen Brooker

Happy sellers in Riverton

59%
59% 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 25 reviews in Riverton over the last 12 months.

Local market activity for 2 bedroom houses in Riverton

In the last 12 months, 9 two-bedroom houses similar to 84 Palmerston St, have been sold.

This represents a 19% increase in two-bedroom houses sales when compared to the previous 12 months.

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