For Sale

1 Petes Way, Lynmore, Bay of Plenty

$499,000

2541 m²

Other

30+ days on the market

What's around 1 Petes Way

Redwoods at Your Doorstep, Lake Rotorua in View

A Rare Lynmore Opportunity. Premium sections of this size and calibre in Lynmore are hard to come by. Positioned directly opposite the Redwoods and set across approximately 2,541m2, 1 Petes Way offers an exceptional opportunity to create something truly special in one of Rotorua's most sought-after lifestyle locations. Imagine yourself overlooking Lake Rotorua, on the deck with a beer or wine in hand! With concept plans, development considerations and costing already explored, you can either bring the existing vision to life or use the work completed as a starting point for your own design. Included with the property: • Approx. 2,541m2 of land with an elevated position and outlook towards Lake Rotorua • Concept plans for an approximately 258m2 Platinum Homes design, originally costed at just over $1 million (based on plans in 2021) • Geotechnical, drainage, earthworks and retaining requirements considered and costed (based on work undertaken in 2021), giving you valuable insight into the potential development requirements - with buyers to allow for current construction costs and any updated reports required • Thoughtfully designed floor plan created to maximise the site, outlook and indoor outdoor lifestyle • Separate three-bedroom wing that can be completely closed off from the main living area - offering flexibility for guests, extended family or potential short stay accommodation • Private master suite positioned for privacy and enjoyment of the outlook • High spec design features including Abodo timber cladding, polished "salt & pepper" concrete floors and ducted heating • Double garage with the concept design allowing for generous vehicle and storage space • Potential for secondary access from the head of the culdesac, subject to council approval, creating further possibilities for parking, a boat or additional vehicle accommodation The groundwork has been thought through and costed, the concept is there, and the opportunity is yours to take it in the direction that suits you. Whether you build from the existing concept or bring your own architect and builder to create something completely different, this is a rare chance to secure a substantial piece of Lynmore land directly across from the Redwoods. Priced at $499,000, this property is priced sharp for immediate action! For the full property information and concept package, contact Tracey Feek - Harcourts Rotorua. Boundary lines are indicative only.

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