SoldOct 24, 2025

5 Leicester Street, North East Valley, Otago

Amount undisclosed

420 m²

Land

30+ days on the market

Sold: Oct 24, 2025

What's around 5 Leicester Street

Sun-Drenched Potential

In the quiet surrounds of North East Valley, this north facing and sun-drenched 420 sqm (more or less) section is ready for a new owner to build to their desired taste and specifications. Our motivated Vendor has priced this below market to help a buyer into their next development. The profile falls away from the road and flattens out towards the rear of the section, allowing for a multitude of building designs that could allow for almost every room in the property to take in the views and sunlight. Due to the zoning, multiple dwellings are an option if you wanted to look for income options on rental property, or simply extra boarders, or extended family for multi-generational living. Work from home options are also popular with a dedicated home office designed into your new home. The Vendor has a design concept in place with top floor garaging, multiple rooms with ensuites and high-detailed construction to maximise the potential of this property. New build properties offer a lot of advantages due to fresh design ideas, plus warmth, health and comfort. Investors gain favourable tax advantages and this location and outlook is sure to attract the best of tenants. Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation. Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.

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