Here is an opportunity to secure 1,240sqm of Living 3, TC2, development land with a cottage for holding income,
* 1,240sqm of Living 3 Land
* Corner site with good development options
* Four bedroom, two bathroom cottage 'as is, where is'
* Cottage has been newly painted and is ready to move in or rent out
* A number of out buildings including an old corner shop,
* Two power meters
The current owners did get granted a Resource Consent for a multi townhouse development however this has now lapsed and would need to be re applied for. Developers, land bankers and investors should look at this site for its potential to build a high density townhouse development now or in the future, the cottage is in a very liveable condition, however all the value is in the land, what square metre rate are you willing to pay, make an offer.
View by Appointment.