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4A Cloverlea Road, Cloverlea, Palmerston North City

Price By Negotiation

1

2

392m²

1.09ha

Your Vision Starts Here

Create your own lifestyle of possibilities! Set across 1.09 hectares (2.69 acres) on the edge of town, this unique property offers an exciting blend of lifestyle, business and investment opportunities. With established infrastructure, generous grounds and a substantial modern building, this is an opportunity for buyers looking for something well beyond the ordinary.

At the heart of the property is a substantial 392sqm, 2011-built building, currently home to a retail business. With extensive asphalted parking, 2.5 bathrooms, kitchenette and a versatile layout, the building offers enormous potential for a new owner to reimagine the space.

Perhaps it becomes an impressive family home, complemented by the existing equestrian facilities. Or create the ultimate work-from-home environment, combining living with offices, studios or workspace. Alternatively, utilise the property for an agri-business, or simply secure the land as a long-term investment in a sought-after location.

The property is already exceptionally well equipped, featuring a 30m x 60m all-weather arena, grazing paddocks and a substantial three-bay implement shed/stable, with extensive parking, turning and unloading areas. A separate cottage-style building sits independently on the property, providing another versatile space to incorporate into your plans, subject to the necessary consents.

Fully fenced and thoughtfully planted, the property has an established, striking presentation and a sense of space that is increasingly difficult to find this close to town.

And importantly, you have options from day one.

Want time to consider your next chapter? The current retail tenant is prepared to enter into a lease for continued occupancy, providing the opportunity to retain an established tenant while you plan for the future. Alternatively, the tenant can vacate immediately or by an agreed extended possession date, giving you the flexibility to take over the property when it suits your plans.

Whether your dream is a private lifestyle with an exceptional location, a substantial home-and-business base, a versatile agri-property or a strategic land-bank investment, this special property gives you the space and infrastructure to make it happen.

One property. Multiple possibilities. Your vision.

Land and buildings only. RV $1,300,000.

Come and see what could be possible. Call Kelly on 021 478 889 to arrange your viewing.

To download further information on this property please visit:

https://rwpalmerstonnorth.co.nz/PNO31173

Additional details

Type

Lifestyle Property

Property ID

PNO31173

Listed on

22/05/2025

Updated

15 days ago

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OneRoof mentions

Listed for sale on OneRoof for 497 days (last updated on 22 May). OneRoof now estimates this property to be $1,240,000 and its latest rating valuation by Palmerston North City council is $1,300,000 as of 2024. There are 4 properties for sale in Cloverlea.

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Property data

Floor Area

392m²

Property Type

Lifestyle Property

Land Area

1.09ha

Decade Built

2010s

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Cloverlea, Palmerston North City

Cloverlea is a suburb which lies within the Territorial Authority of Palmerston North, one of 23 residential suburbs which form the wider region. Cloverlea is the 14th largest suburb of Palmerston North in terms of the total number of residential housing stock. Cloverlea provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1950 - 1959. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Cloverlea is made up of approximately 98% residential housing and 2% residential investment housing properties.

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