Nearly half an acre (1920m2) within walking distance to the CBD and so many options. Currently returning $69,000 per annum. Land bank today, meanwhile the current setup is 1 X 3 Bedroom house and 3 X 1 bedroom self contained units across 2 residential B zoned titles. All sorts of possibilities here, perhaps a higher density development?
Would also suit building companies looking build a much needed townhouse style homes as there is a five lot consent already approved by the NPDC
Call the sellers agent Reuben or Gordon to discuss.
Enquiries over $1,200,000 + GST if any (RV $1,320,000)
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.88 km | 2 | 1 | 120m2 | Year 2024 Month 05 Day 06 | $517,000 | Council approved | |
 | 0.22 km | 2 | 1 | 120m2 | Year 2024 Month 04 Day 02 | $552,000 | Council approved | |
 | 0.46 km | 2 | 1 | 80m2 | Year 2024 Month 02 Day 12 | $481,500 | Council approved | |
 | 0.85 km | 3 | 1 | 110m2 | Year 2024 Month 01 Day 30 | $485,000 | Council approved | |
 | 0.84 km | 3 | 2 | 190m2 | Year 2023 Month 12 Day 22 | $1,015,000 | Council approved |