Naenae 16 Sladden Street

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

Property Information

• Land area approx 844sqm

Property Features

• Uncovered Carspaces 1