11 Clearwater Street

Broad Bay Otago

230 m²

2.16 ha.

House

Currently for sale - view listing

Overview

Rare Development Opportunity

Comprising more than 2ha of Town and Settlement zoned land, this large Broad Bay property is now offered for sale at Enq over $1m. Note the 2025 rating value is $2.135 million. The property comprises a multi-level 1980s-built home of five bedrooms and four bathrooms, large outbuildings, a stand of lofty trees and open land suitable for potential residential development. The outbuildings could house several motor vehicles as well as providing workshop and storage space and a carport. The residence, offering three en-suites, family bathroom, spacious living and open plan kitchen-dining, has views to the harbour and is enveloped in a leafy setting with mature trees. The property provides a rare opportunity for a buyer with vision. Subdivision (with local authority consent) could yield several sections and still leave plenty of land for the existing house. Some deferred maintenance is evident and a professional building report is available to serious buyers. Access is via a semi-circular driveway off Clearwater St, providing front and rear vehicle entry. Viewing is by appointment. Phone Graeme to view.