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Rare Dual-Site Opportunity. The price $1,600,000 includes both of these sites.
Offered as one. Will be sold as one. Will NOT be offered individually.
Please also refer to property: 7 Rangatira Terrace, Mount Pleasant
Seldom do opportunities of this scale present themselves on the coveted lower slopes of Mount Pleasant. Offered to the market together, 7 Rangatira Terrace (966m2 more or less) and 6 Mt Pleasant Road (1055m2 more or less), create an exceptional and rare development prospect, encompassing two substantial properties to be sold as one.
Positioned on a generous landholding with outstanding scope and sublime views, this is an exciting chance to secure a significant footprint on the hill, ideal for those with vision and ambition. Number 7 Rangatira Terrace, built circa 1910 and offered on an "As Is, Where Is" basis, comprises four bedrooms and two bathrooms, while 6 Mt Pleasant Road, a 1960s-built residence presenting in two, two bedroom units (currently tenanted till recently), is "walk on access", hence the necessity and value of the joint sale.
Together, these properties unlock ample opportunity to rent one of the properties whilst developing the other, full redevelopment, land banking, or a future-focused project in an increasingly sought-after location. There is an abundance of options!
With development potential of this calibre becoming ever rarer, this is a must-sell offering that demands attention. Your urgent inspection is encouraged.
Please be aware that this information may have been sourced from Cotality, CCC, REINZ, LINZ & ECAN and we have not been able to verify the accuracy of the same.
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