With 4,039sqm of land and a subdivision plan for five sections (with the potential for more under zoning rules) in the highly coveted Springlands area, this property offers exceptional value. Its scale and location make it an immediate standout. Developers, investors, and buyers looking for a significant landholding in one of the region’s most sought‑after neighbourhoods will immediately recognise the appeal of this property, which represents one very rare opportunity.
The original residence built in 1991 has considerable potential to be upgraded, refreshed and modernised. Perfectly liveable as is, the home is large and permanent material with an Oamaru stone exterior. It has a separate large double garage and carport.
The home is ideally positioned on the front of the site and additionally has in place an existing easement for sewage and stormwater. A second entranceway on the southern side of the property makes potential subdivision that much easier.
Built for the sun, it has three generous bedrooms and a practical floor plan. An open-plan kitchen and dining with separate lounge, the living areas and master bedroom face North. An established site with numerous fruit trees including lemon, orange, mandarin, and feijoa will appeal to many. A shed and woodshed at the back of the property allow for further storage and there is also irrigation at the rear. The close vicinity to primary, intermediate and secondary schools will be popular.
With a twofold opportunity to maximise returns, you should consider seriously the possibilities this unique situation presents. With thoughtful renovation, you can elevate and perhaps retain this wonderful family home as the perfect family residence. Astute buyers will recognise the value not only in this, but also in the generous parcel of land that accompanies it. Landbank this appreciating asset until you're ready to develop or alternatively, begin the subdivision and reap the financial rewards.
Either way you look, there is certainly a huge opportunity and massive potential in terms of an investment – and a very smart one at that.
A rarity and really, a once in a lifetime opportunity. Make no mistake – this listing will generate some very active interest. Complete your due diligence and be in a position to bid on auction day. Call Campbell Gill today!
