6 McKenzie Street, Palmerston, North Otago
Palmerston 5Kwarto Investment Potential
NegotiableColliers is delighted to exclusively present this executive and substantial estate, where space, style and versatility combines to offer a harmonious blend of modern design and rural tranquility creating the ultimate lifestyle property.
This is a 12.6524 hectare property with subdivision consent that has been issued (subject to title) for 3 lots, providing added value to this investment opportunity.
If you’re looking for a property that provides entertaining, can accommodate the whole family, run horses, cattle or sheep and with a stunning view overlooking the Kakanui Mountains, this property has it all.
Designed for extended family living, the home is split into two sections – the main family home, layout comprising of four bedrooms, a separate office, two bathrooms, a generously sized one with a spa bath, the other a large ensuite off the master bedroom, both boasting tile floors with underfloor heating. A large new kitchen with open plan living, two spacious living areas with underfloor heating,
Enjoy the convenience of a semi-self contained studio apartment located above the internal accessed double garage, which includes a private bathroom & kitchenette - perfect for a teen retreat, multi-generational living or added income.
Positioned on 12.6524 hectares, atop a terrace with expansive elevated views of the Kakanui Ranges. Native planting surrounds the property prividing privacy and symbolically echos the matai and rimu throughout the interior of the home.
Fantastic outdoor improvements include float/truck parking, stables, single-stand shearing shed and plenty of storage.
All of this, while only being a stones throw away from Palmerston town centre and approximately a 40 minute commute to Dunedin or Oamaru.
Further opportunity exists for subdivision with a resource consent issued for the property ( subject to terms and conditions) .
For Sale by Negotiation