233 Sunset Road

Sunnybrook Bay of Plenty

8698 m²

Other

Currently for sale - view listing

Overview

Exceptional Development Opportunity in Rotorua

Seize this once-in-a-lifetime chance to capitalize on Rotorua's thriving property market with this unparalleled development site. With the introduction of the new Medium Density Residential Standards (MDRS) rules, this property offers an extraordinary platform for high-density residential projects, ensuring maximum returns for savvy developers. Key Features: High-Density Potential: Each section that you create can accommodate up to three dwellings, up to three stories high (subject to council approval), making this site ideal for terrace homes, duplexes, or stand-alone residences. Prime Location: Nestled in a diverse neighborhood featuring a blend of first-home-friendly properties, rental accommodations, and multimillion-dollar homes. This mix underscores the area's broad market appeal and growth potential. Unmatched Investment Opportunity: Rarely does a parcel of land with such immense development potential become available in Rotorua. This is a golden opportunity to create a thriving residential community and achieve significant profit margins. Existing Structures: The property includes an older house and sheds, sold "as is, where is," providing flexibility in site preparation and development planning. Concept Plans Available: Preliminary concept plans are included, offering a vision for the site's development. Please note these plans are indicative only and have been prepared without site visits, engineering, or geotechnical assessments. Why This Site? Rotorua is rapidly evolving, and demand for entry level, modern, high-quality housing is at an all-time high. This property's location and potential make it a standout investment in one of New Zealand's most dynamic property markets. Developers who act now will position themselves to reap the benefits of this high-growth opportunity. Don't miss your chance to shape Rotorua's future and secure exceptional returns. Contact us today to explore this transformative development site.