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84 Carrington Avenue

Silverdale Waikato

5
2
222 m²
1660 m²
House
Currently for sale - view listing

Overview

12 Unit Consented Development Near University

82 and 84 Carrington Avenue present a rare, fully consented development opportunity comprising two side by side freehold properties with Resource Consent granted for a 12 unit residential development. Three waters approvals have been issued, EPA requirements have been completed, and two separate Building Consents are already in place, providing a true push go project with a clear pathway to construction. The consent structure allows developers to deliver the project in stages, with the option to build 4 units initially, followed by the remaining 8 units, supporting flexibility and improved cashflow through the build. Importantly, the development has been consented under the older Development Contribution rates, providing a meaningful cost advantage for the purchaser. Opportunities of this scale are becoming increasingly scarce in this area, with Hamilton East now facing tighter development capacity due to wastewater constraints, making this one of the last remaining consented developments available in the precinct. Highlights - Two side-by-side properties enabling a unified scheme - 12-unit consented development near the University - Resource & Building Consents in place - Demand underpinned by medical school expansion - Walkable access to key amenities and strong transport links Sold by Tender closing 4pm - 10th March. Enquire now for Information Memorandum.

Features

5 bedrooms
2 bathrooms
222 m² floor area
1660 m² lot size
House

Property history for 84 Carrington Avenue

2021
Sold
$1,030,000
20 Oct 2021 by Jasmeet Singh Bajwa, of Lodge Real Estate Hamilton East (Lodge Real Estate Ltd)

Happy sellers in Silverdale

84%
84% of sellers in Silverdale reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 22 reviews in Silverdale over the last 12 months.

Local market activity for 5 bedroom houses in Silverdale

In the last 12 months, 3 five-bedroom houses similar to 84 Carrington Avenue, have been sold.

This represents a 50% decrease in five-bedroom houses sales when compared to the previous 12 months.

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