OFF THE RAILS a one time opportunity to purchase The Palmerston Railway Station. In its heyday the station was a place of fun gatherings, drinks, food and meetings. After being bought in 2018 with the intention to restore and put a retail family business into it, the years have slid by, kids have flown, plans have changed and the owners have decided to offer this brilliant property to the market. Sited in the best location in town, next to the public washrooms and the start of the retail hub and picture perfect with the towns war memorial in front and Palmerston’s main landmark Puketapu (sacred hill), visible in the distance.
Located halfway between Oamaru and Dunedin, Palmerston is a pit stop for many local farmers and gold miners on their way to and from work, fans going to the stadium for games and concerts, families going to the city to shop or take the kids to Uni, as well as the many tourist up and down the state highway and travellers going through the Pigroot to Central Otago via the Maniototo basin. The station was previously run as a bar restaurant until the building was sold, today it would 100% suit a Micro Brew Pub/pizzeria the modern day "railway refreshment room" that brings the locals to town in the evening and repeat clientele during the day. Also an Ideal location for several small business or a mini mall to set up shop and share the cost.
The building would benefit from updated roofing and some of the original weatherboards on the far end replaced. The interior has had updates over the years before its closure including three bathrooms, cooler and kitchen area. Do your due diligence, gather your ideas, pack your bags and come see what an amazing opportunity awaits in this quaint friendly town of Palmerston.
Zoned: Industrial Category: Commercial Retail, QV $255,000, 2021 Valuation $435,000
