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3 Margaret Street, Shannon, Horowhenua

Enquiries Over $269,000

1,872m²

Big Section, Big Potential on Margaret Street

Set on a substantial 1,872m² section, 3 Margaret Street offers buyers a rare opportunity to secure affordable land with exceptional potential in the heart of Shannon.

The property also includes an old concrete shed which provides basic storage, though it does require some attention due to a leak. The real attraction lies in the blank canvas of land, with no covenants on the title, giving you the freedom to create what works best for you – whether that’s a modern new build, multiple dwellings (subject to council approval), or a spacious lifestyle property with gardens, pets, and plenty of room for family living.

This opportunity will appeal to:

* First-home buyers ready to take their first step into land ownership.

* Investors and developers exploring subdivision or future housing potential.

* Families and lifestyle seekers wanting space while staying within easy reach of Levin and Palmerston North.

Land in Shannon is tightly held, and large sections such as this are seldom available. With flexibility, space, and endless potential, this is your chance to create something special.

Contact Amy Peard on 0279261522 or Debby Turner on 021617482.

Additional details

Type

Section

Property ID

TPWK6725

Listed on

03/10/2025

Updated

22/11/2025

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 64 days (last updated on 3 October) and was last sold in 2021 for $530,000. OneRoof now estimates this property to be $470,000 and its latest rating valuation by Horowhenua council is $315,000 as of 2022. There are 11 properties for sale in Shannon.

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44 Margaret Street, Shannon

Property data

Broadband available

Land area

1,872m²

Type of title

Freehold

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Shannon, Horowhenua

Shannon is a suburb which lies within the Territorial Authority of Horowhenua, one of 13 residential suburbs which form the wider region. Shannon is the 4th largest suburb of Horowhenua in terms of the total number of residential housing stock. Shannon provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1890 - 1899. The majority of the residential housing stock in the locality was constructed between 1950 - 1959. Residential housing stock in Shannon is made up of approximately 75% residential housing , 1% residential investment housing and 24% lifestyle properties.

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