933 Paerata Road, Paerata, Franklin

Mixed Housing Urban Zone - Develop or Land Bank

All the hard work has been done - final stages of rezoning.

Now designated "Franklin 2 Residential Sub-Precinct A" this property is part of the Wesley Special Housing Area and has preliminary approval for minimum lot sizes of 300sqm. A surveyor's study has identified that 45-75 sections could be created from this 4.23ha property.

This is a rare opportunity for a developer or active investor to purchase 4.23ha of prime land in the final stages of rezoning and ready for a developer to transform. This property is located in the Wesley Special Housing Area and consent for zoning designation has now been granted for the area including this property to 'Mixed Urban Housing' with plans to build a new town with approximately 4,500 new homes, including mixed housing and terrace apartment living, creating employment opportunities and schooling.

Live in or rent out the existing home while planning your development. The home consists of four bedrooms, large office/ second lounge area, open plan kitchen and family area, along with great grazing opportunities for stock.

Located in Paerata and just minutes to Pukekohe, one of New Zealand's fastest growing towns, this is a highly desirable area close to the southern motorway and within commutable distance to Auckland CBD and the Auckland International Airport.

Don't miss this opportunity to invest in land within the Wesley College / Grafton Downs Special Housing Area. Set on 4.23 hectares of gently contoured land, this is a prime opportunity for an active investor or as a land banking opportunity.

The vendors want this property sold and invite all genuine interest to view at the open home or by appointment. For more information on this exciting opportunity call Ben or Rebecca today.