16 Sladden Street Naenae, 50 NZ
Medium Density - Small or Large Development
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
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Alen Moshi