Whether you're an experienced developer, builder, investor, or considering your first development project, 30 Cargill Street, Papakura presents an opportunity where much of the hard work has already been done.
Set on approximately 711m2 of freehold land, the property has Resource Consent approved for a three-dwelling development, with Building Consent currently nearing final approval.
The approved concept allows for the existing dwelling to be relocated to the rear of the site, with two new standalone homes positioned at the front, creating three standalone dwellings in total.
Why This Opportunity Stands Out
• 711m2 more or less freehold site
• Resource Consent approved
• Building Consent nearing final approval
• Approved development for 3 standalone dwellings
• Existing dwelling proposed to be relocated to the rear
• Two new standalone homes proposed at the front
• Veolia pipe upgrades completed
• Infrastructure upgrade fees already paid
• Significant planning, design and approval work already completed
• Potential to move toward construction soon after settlement, subject to final approvals and purchaser due diligence
For an experienced developer, this offers the ability to fast-track the next project without starting from scratch.
For a first-time property developer, the advanced consent position provides an opportunity to enter the development market with much of the preliminary planning already completed.
For investors, there are several potential strategies to explore - develop and sell, build and retain, create a three-property rental portfolio, or secure the land as a longer-term investment opportunity.
With consents well advanced and major infrastructure work already taken care of, this is an opportunity to focus more on execution and the end result, rather than spending months navigating the early planning stages.
Our owners are highly motivated and have given clear instructions to present all offers.
