Buy, bank or build

1236L Parton Road, Papamoa

Asking Price NZD $2,250,000

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Buy, bank or build | 1236L Parton Road, Papamoa | 2303096 |      X Close

Buy, bank or build

This property needs no introduction and has been part of the Papamoa landscape in its present form for nearly two decades. Operating as a successful landscaping business and plant nursery this property once zoned commercial industrial has now been re zoned to residential capable through the TC 25 amendment allowing it to be absorbed into the surrounding and very popular Terrace Views subdivision. This is a unique opportunity to either develop immediately as all of the hard work and red tape has been attended too or simply sit back and land bank until it is surrounded by fully completed and occupied builds and is the last remaining available land adjacent to the subdivision.

The current Vendor has invested heavily in getting all of the pertinent Geotechnical reports and Heads of Agreements in regards to access and easement changes done in order to facilitate a smooth transition to a developer to take this property to the final stage.

With the NZ Government investing millions of dollars in the burgeoning Papamoa area including new state of the art schools and infrastructure surely this is an astute investment.

Please do not hesitate to contact me in regard to any additional information for the property or to arrange a viewing.

This property will be sold inclusive of GST.