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822 sqm of Residential Gold, Zoned for Terrace Housing and Apartment Building!
Welcome to a real estate gem that offers immense potential for developers and investors. This 822 sqm land, strategically zoned as Residential Terrace Housing and Apartment Building, is a rare find under the current unitary plan. With Resource Consent already granted for 8 houses, this property is ready to bring your vision to life.
Land banking investment opportunity:
Sitting on this development site boasts 122 sqm of well-designed living space, comprising 3 bedrooms, 1 bathroom, and a convenient garage. This thoughtfully planned home provides comfort and practicality, catering to the needs of modern living. Rent out the existing dwelling and watch your investment grow steadily while land banking for the future.
Location, Location, Location! Location is paramount, and this property excels in every way. Situated just a short stroll away from the peaceful Panmure basin, you'll experience tranquility at its finest. The bustling Panmure town centre is within throwing distance, offering an array of shops, cafes, and restaurants for your convenience. Enjoy enchanting waterfront parks and embrace a lifestyle surrounded by natural beauty.
Convenience at Your Doorstep: Public transportation options abound, with easy access to trains and buses, ensuring effortless commuting for residents. Embrace the convenience of accessing amenities and services, making this location highly sought-after by tenants and homeowners alike. Additionally, the motorway on and off ramps provide quick and easy access to various destinations, simplifying daily travel.
Proximity to Sylvia Park: Minutes away from Sylvia Park, a retail haven with a plethora of shops, entertainment options, and dining experiences. Indulge in retail therapy, catch a movie, or savor delicious meals at the trendy eateries, all just a stone's throw away from your doorstep.
Don't miss out on this exceptional opportunity to make your mark in Panmure's thriving real estate market. With Resource Consent already in place, you can hit the ground running and transform this prime land into a stunning residential development. Contact us today to arrange a viewing or obtain further information. The possibilities are endless, and your investment dreams await!
Disclaimer: All development plans and construction are subject to council approval and feasibility studies.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $946,500 | -22.7% | 18 |
2022 | $1,225,000 | -3.7% | 10 |
2021 | $1,272,000 | 39.8% | 42 |
2020 | $910,000 | 14.5% | 61 |
2019 | $795,000 | -11.7% | 21 |
2018 | $900,000 | 8.4% | 31 |
2017 | $830,000 | -11.7% | 25 |
2016 | $940,000 | 12.4% | 33 |
2015 | $836,000 | 35.4% | 34 |
2014 | $617,500 | - | 16 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.29 km | 2 | 1 | 70m2 | 2024年04月05日 | $545,000 | Council approved | |
 | 0.35 km | 3 | 2 | 144m2 | 2024年02月28日 | $1,065,000 | Council approved | |
 | 0.31 km | 3 | 1 | -m2 | 2024年02月13日 | $880,000 | Council approved | |
 | 0.07 km | 4 | 1 | 0m2 | 2023年12月19日 | $1,206,000 | Council approved | |
0.25 km | 2 | 1 | 96m2 | 2023年12月14日 | $800,000 | Council approved |