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45 Spyglass Lane, Whitby, Porirua City, Wellington, 0 Bedrooms, 0 Bathrooms, Section
New build

Buyer Enquiry Over $379,000

45 Spyglass Lane, Whitby, Porirua City, Wellington

680m2
SectionListed on Fri Mar 1

Whitby Cheap Section, Great Location. NOW BEO $379,000

Attention First Home Buyers,

One of the ways to get on the property ladder is to buy a section of land when the market prices are low. As the price of land goes up, so does your investment in the land. Like all investments, there is always a risk that the value won't increase, but land is one of the few investments that have been more dependable than most other investments. A low deposit and a more manageable mortgage may get you started on your property ownership journey. If you don't wish to build on the section, then you can always look at selling it when the value has increased enough to increase your deposit for the next property. With all investments there is never any guarantee, but land is always land. Finance can be arranged subject to the usual terms and conditions.

Dream Homeowners,

This is an opportunity to build your dream home. The surrounding sections have all been developed, so there are no major surprises when it comes to knowing what you can do with this lovely and incredibly well-valued section.

Developers,

The restrictive covenants on this section have been removed to allow for the option of multiple dwellings on this site. This will still require the usual due diligence and approval from the city council.

This could be the perfect time to buy this great section located in the popular part of Whitby.

The government has said it is looking at ways to make the cost to build cheaper and that could mean land will become more in demand. So, this could be the perfect time to buy land before demand becomes high and is this the best value section for sale in a great location. Surrounded by quality homes in an established neighbourhood and offering cheap affordable land in a great street, the answer may be yes.

With good planning this could be your best investment. For more information call Richard on 0275508967 today.

Location

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Council Data

Last update : 2024 12 11
View typeFocal Point Of view - Other
ContourSteep rise
Land area680m²
Title785562
Type of titleFreehold
Legal descriptionLOT 2 DP 511546
CouncilPorirua
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 511546,680m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Adventure School
0.69 km
Primary
1-8
Government
Co-Educational
EQI: 395
10
Aotea College
3.69 km
Secondary
9-15
Government
Co-Educational
EQI: 447
5
St Oran's College
9.36 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 378
10

Property history

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For developers

Unitary plan:-
Land:680m²
Title:Freehold

Surrounding facilities

Spyglass Lane Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
155 Navigation Drive, Whitby
0.36 km
-m2
Year 2024 Month 11 Day 26
-
Council approved
3 Pilot Lane, Whitby
0.21 km
4
2
190m2
Year 2024 Month 10 Day 17
$915,000
Council approved
9 Semaphore Lane, Whitby
0.26 km
4
3
310m2
Year 2024 Month 10 Day 17
-
Council approved
170B Navigation Drive, Whitby
0.16 km
4
2
215m2
Year 2024 Month 08 Day 27
-
Council approved
156 Navigation Drive, Whitby
0.24 km
3
2
156m2
Year 2024 Month 06 Day 21
-
Council approved

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Ref:TPLH10282Last update:2024-12-09 10:41:13