New build
This property, situated in a Mixed-Housing Urban Zone.
Prime Development Opportunity.
Comes with option to purchase with or with out Resource Consent.
Resource consent for:
• FREESTANDING 4 X 4 Bedroom Townhouses.
Exceptional potential to develop now or land bank for the future.
Located in a sought-after area close to motorways, local amenities, and Preston Road Reserve.
The current vendor has decided to redesign the plans to a thoughtful two-level design ensures both construction efficiency and practical living spaces.
Additionally, the existing house is easily relocatable, offering significant savings on demolition costs.
Surrounded by a vibrant Otara community, known for its cultural diversity, local markets, churches, and a family-oriented lifestyle.
Unlike many developments catering solely to first-home buyers with smaller homes, this project is perfectly suited for extended families - a hallmark of the area.
Current tenants are happy to stay until building work begins, ensuring rental income in the interim.
Don't miss out on this exceptional opportunity.
Contact us today to arrange a viewing.
Act quickly, as if this prime site isn't sold soon, the vendor intends to proceed with development.
Tracy- 0274-473548 OR 262-2369
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.32 km | 4 | 1 | -m2 | Year 2024 Month 12 Day 01 | $702,000 | Council approved | |
 | 0.33 km | 3 | 1 | 92m2 | Year 2024 Month 11 Day 28 | $722,000 | Council approved | |
 | 0.36 km | 5 | 2 | 223m2 | Year 2024 Month 11 Day 28 | $831,000 | Council approved | |
0.14 km | 2 | 1 | 85m2 | Year 2024 Month 10 Day 20 | $720,000 | Council approved | ||
 | 0.27 km | 4 | 1 | 90m2 | Year 2024 Month 08 Day 15 | $815,000 | Council approved |
