With the introduction of the new Medium Density Residential Standards (MDRS) rules, this development site stands out as a golden opportunity for developers.
Very rarely and almost never - will you ever encounter a parcel of land with such potential for profit in Rotorua
This expansive property is ripe for the construction of terrace-style homes, duplexes, stand-alone residences, or other high-density residential developments.
There is an old house with sheds on the property to be sold as is where is with the section.
According to MDRS you can cover up to 50% of the land with buildings and also depending on the plans, you may be able to apply to cover more ( Subject to council approval )
For more info on Plan 9 - MDRS - ( Medium Density Residential Standards ) please copy and paste the following link in your browser -
https://www.rotorualakescouncil.nz/our-city/creating-homes-and-thriving-communities/creating-more-housing-options
Please copy and paste the following link in your browser for links to council's website for Planning Maps -
https://www.rotorualakescouncil.nz/our-services/planningservices/districtplan/district-plan-maps
Please copy and paste the following link in your browser for links to council's website for other Mapping information
https://www.rotorualakescouncil.nz/our-services/maps
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.32 km | 3 | 1 | 98m2 | Year 2024 Month 04 Day 22 | $600,000 | Council approved | ||
 | 0.37 km | 3 | 1 | 170m2 | Year 2024 Month 04 Day 12 | $612,000 | Council approved | |
0.36 km | 3 | 1 | 90m2 | Year 2024 Month 03 Day 31 | $620,000 | Council approved | ||
 | 0.24 km | 3 | 1 | 110m2 | Year 2024 Month 03 Day 20 | - | Council approved | |
 | 0.25 km | 3 | 1 | 120m2 | Year 2024 Month 03 Day 15 | $675,000 | Council approved |