For Sale

157 Broughton Street, Gore, Southland

$499,000

3
1
2
103 m²
2023 m²

House

30+ days on the market

Next inspection:
Sunday 28 June 12:30 PM

Inspection times

Sunday

What's around 157 Broughton Street

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.

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