Ripe for development and not about to win any beauty contests, this home sits on a 708m2 corner site with double road frontage in "Mixed Housing Suburban" zone.
Our owners Development Dream has been interrupted by other family obligations, but they have spent the time wisely by completely decluttering the section to show it's full potential. A survey and a couple of concept plans show at worst, another dwelling of as least 140m2 can fit right beside the existing home. At best, there is the possibility of 4 or 5 terraced houses (Council Resource Consent approvals required). Get the diggers ready - this plot of land is freehold and has diamonds waiting for you!
A desirable location, the property is 5 houses down from popular Opaheke Primary, in-zone for Rosehill College, within easy walking distance to the train station and has a bus stop outside - all adding to the desirability and therefore saleability of any new homes built.
Chances like this to secure your own development site in such a saleable area simply do not come up often, let alone on a corner site with double road frontage.
The current owner is willing to stay on for up to a year as a tenant - offering the new owners cash flow in the planning phases of this project.
Don't let looks put you off - this is a must view for anyone looking to invest in a development site and reap the rewards of this full site. The owner has taken this as far as their time & experience allows - use your know-how to complete the dream.
Viewings flexible and information pack available.
