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Kelvin Grove

1 Bounty Place, Kelvin Grove, Palmerston North

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6,406sqm Land area SQM
2,151sqm Floor area

Flexible substantial industrial offering


1 Bounty Place sits within Palmerston North's established industrial precinct, offering a practical solution for warehousing, logistics, or manufacturing operators.

The location provides strong connectivity to key arterial routes and is surrounded by long standing industrial occupiers, reinforcing its position within a proven industrial zone.

The facility delivers a high stud warehouse with full B train access from both Mihaere Drive and Bounty Place, enabling genuine drive through capability. A generous yard supports truck movement and container storage, while the office and amenity areas provide a functional base for daily operations. The property also benefits from approximately $325,000 of net holding income.

Key features:
• High stud warehouse with dual access and full B train capability
• Generous yard
• Office and amenities
• Established industrial location and industrial zoning

Approximate areas:
• Warehouse: 1,790sqm
• Office/amenities: 470sqm
• Mezzanine: 30sqm
• Total site area: 6,406sqm

Available for sale or lease. Suitable for owner occupiers, investors, or tenants seeking scale in a tightly held industrial market.

Key features


Transport access

Strategic dual-access site with entry from both Bounty Place and Mihaere Drive, providing excellent vehicle circulation and operational efficiency

Zoning

Industrial zoning offering flexibility for a wide range of industrial, warehousing, logistics and trade-related activities

Location

High-profile corner position within a well-established industrial precinct, benefiting from strong exposure and connectivity

Land area breakdown

Substantial freehold landholding of 6,406sqm (more or less), providing generous yard, development and operational potential