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157 Broughton Street

Gore Southland

3
1
2
103 m²
2023 m²
House
Currently for sale - view listing

Overview

Investment Opportunity with Development Potential

Investment Opportunity with Development Potential – 157 Broughton Street, Gore Opportunities of this scale in a sought-after North Gore location are becoming increasingly rare. Situated on a substantial 2,023m²(approx.) elevated section, 157 Broughton Street presents an exciting prospect for investors, developers, and land bankers looking to maximise future potential. With the possibility of subdivision and further development (subject to council approval), this property offers multiple avenues to add value and generate a return. Whether you're looking to develop now or secure a large landholding for the future, the options here are worth exploring. Adding appeal is the three-bedroom home positioned at the front of the section. This provides the opportunity for rental income while plans are being developed, helping your investment work for you from day one. This three-bedroom home features a north-facing living area with a good indoor-outdoor flow onto a decking area with comfortable accommodation for tenants or future occupants. Key investment highlights: • Large 2,023m² (approx.) elevated section in desirable North Gore. • Potential subdivision and development opportunities (subject to council consent). • Existing three-bedroom home providing rental income. • Strong land value with future growth potential. • Attractive location close to schools, amenities, and town services. • Opportunity to develop, land bank, or add to your investment portfolio. Properties offering both immediate income and future development potential are seldom available. Secure this strategic investment and unlock the possibilities that await at 157 Broughton Street, Gore.

Features

3 bedrooms
1 bathroom
2 carspaces
2 open car spaces
103 m² floor area
2023 m² lot size
House

Happy sellers in Gore

86%
86% of sellers in Gore reported that their sale price either exceeded or met their price expectations.

Gore stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 71 reviews in Gore over the last 12 months.

Local market activity for 3 bedroom houses in Gore

In the last 12 months, 42 three-bedroom houses similar to 157 Broughton Street, have been sold.

This represents a 28% increase in three-bedroom houses sales when compared to the previous 12 months.

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