Exciting news awaits you as we unveil a prime development opportunity in one of West Harbour's most desirable locations - a prospect that has been eagerly anticipated by astute developers. Barfoot and Thompson take immense pride in presenting a lucrative project where the groundwork has already been expertly laid. With council resource consent already approved for luxury homes and BC about to come when combined with anticipated drops in interest rates this year, the timing is impeccable for initiating a half pre-sale, minimizing risk, and capitalizing on substantial gains on the remaining portion, thanks to projected capital appreciation.
This exclusive opportunity arises as the vendor prepares to relocate overseas, leaving behind a golden chance for the fortunate buyer to reap significant profits. Act swiftly, as this promising venture is expected to be snapped up quickly.
Situated in a quiet cul-de-sac, boasting MHU zoning, essential services on-site, and conveniently within walking distance to schools, parks, and reserves with stunning views, this property offers an exceptional outlook. Its proximity to the motorway and Westgate Shopping Centre further enhances its appeal.
Noteworthy features also include a massive property with a high rental yield, making it stand out as the best among the best. Waste no time - call now to obtain the consent documents and commence your comprehensive due diligence on this unparalleled investment/development opportunity.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,287,500 | -15.3% | 48 |
2022 | $1,520,000 | 6.1% | 33 |
2021 | $1,433,000 | 24.6% | 72 |
2020 | $1,150,000 | 7.5% | 65 |
2019 | $1,070,000 | -0.9% | 59 |
2018 | $1,079,500 | 1.1% | 48 |
2017 | $1,068,000 | -0.7% | 61 |
2016 | $1,075,000 | 7.5% | 75 |
2015 | $1,000,000 | 26.6% | 91 |
2014 | $790,000 | - | 82 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.28 km | 4 | 2 | 210m2 | Year 2024 Month 03 Day 08 | $920,000 | Council approved | |
 | 0.27 km | 3 | 1 | 0m2 | Year 2024 Month 03 Day 01 | $1,056,000 | Council approved | |
0.05 km | 4 | 151m2 | Year 2024 Month 02 Day 25 | $1,055,000 | Council approved | |||
 | 0.18 km | 3 | 1 | 0m2 | Year 2024 Month 02 Day 01 | $1,105,000 | Council approved | |
 | 0.32 km | 3 | 2 | 100m2 | Year 2024 Month 01 Day 25 | $820,000 | Council approved |
