This well-positioned, level development site offers developers an exceptional opportunity to capitalise on a Resource Consented site at a desirable address. The property offers approximately 6.105ha of regular shaped Residential - MHU zoned land on Jesmond Road, with over 170 metres of street frontage.
The consented 157 Lot scheme provides for a combination of free-standing and terraced homes- predominantly 3 bedroom, set amongst a park-like surround.
The area has experienced significant rezoning, particularly on the eastern side of Jesmond Road, allowing for substantial medium-density development. Nearby projects Park Estate, Auranga and Karaka Lifestyle Estate indicate a growing market and demand for residential properties, while larger-scale developments in Drury such as Kiwi Income’s proposed regional shopping centre, Drury Crossing and the future home of Fisher & Paykel speak to the huge volume of growth expected in the immediate area.
The site’s proximity to State Highway 1, access to amenities in Pukekohe, and the ongoing ‘Paerata’ master-planned development further enhance its appeal. With the area experiencing considerable new development and the potential for further projects on Jesmond Road, investors can capitalise on the growing market, potential capital appreciation, and long-term growth prospects of the immediate area.
The Mortgagee demands immediate action, so make the most of the opportunity and call today for further information or to arrange a site inspection.
Features:
* Mortgagee Sale Status
* Proximity to SH1
* Resource Consent Granted
* Be Part of the Growing Drury Story
* Approx 6.1ha of Development Land