Sold

16 Sladden Street Naenae, 50 NZ

Medium Density - Small or Large Development

3 1 1

A new exciting opportunity to purchase a development site situated in the new medium density zone or exisiting property/home + resource consent. Many ways to skin the cat here and regardless which option you take, there's $$$ to be made.

This site includes an exisiting Three bedroom home on a large section. The exisiting home is in a great condition as you can see in the photos and the current owner has Resource consent to build 2 x Three bedroom townhouses on the back of the section (as per attached plans).

You have the option to make use of the current resource consent and build 2 brand new homes in the back and keep the exisiting home. This option would appeal to owner occupiers looking to have a home while building their rental property, or developers in need of a holding income while building the two new homes in the back.

or

Remove the existing home and do a large multi-unit development. The site coverage at 60% and 3 storey height restrictions makes it a no-brainer for developers seeking scale.

Tender Closing: Thursday, 5th November 2020 at 2pm

Sold $1,175,000

Inspect

Inspection of this property is available strictly by arrangement only.

Contact

Century 21 The Moshi Group The Moshi Group
Licensed under the REAA 2008
Level 1, East Wing, 23 - 29 Broderick Road
Johnsonville 6037