Description: Greenfield land is becoming increasingly rare near the central city and this parcel of land totalling 2,118m2 (more or less) is ripe for sub-division and developing. There are currently three titles on offer together and a recently lapsed Resource Consent had been granted to divide into four freehold titles, with plans for a townhouse development on each.
A new Resource Consent would now need to be applied; however, developers can take confidence that variations were granted as late as October 2020 to include storage areas and parking alterations, demonstrating the Council's positive appetite for this development.
The owners plans have recently changed, and they are now offering this opportunity up to an investor with the means to undertake this development or otherwise promote their own flavour of housing to suit.
Please enquire for a price guide, our Colliers Information Memorandum, the prior Resource Consent documents and proposed plans for townhouses on each site. Boundary lines shown in photos are indicative only and may not represent the exact boundary of the title.
Other investment options at colliersotago.co.nz