Prime Development Site - The Parade Island Bay
• House size 110m2 (as shown REINZ data)
• Land size 747m2 on three titles
• Development land
Buyer Budget Up from $1.5m
First time on the market in sixty years. Huge 747m2, almost flat city end site that is ready and waiting for discerning developers to put their stamp on the site and reap the rewards. The site can accommodate two very large homes without resource consent or more with resource consent, giving the new owner plenty of options to configure! The property is across three titles giving further options to the successful buyer.
The development market has been very strong over the last 10 years and with the Government's recent changes to depreciation and taxation, buyer demand for new builds has exploded.
Your new homes will be super sought-after and will almost sell themselves! This is an outstanding opportunity you do not want to miss.
Another option would be to do a large extension or renovation to this solid early 20th century home.
Please note if you are out stretching your legs and walk past the property the house is located in the middle of the section. The land behind the house is huge and not visible from the street.
Please feel free to call me with any questions. Paul Dickason 0274 424 506. I have additional information.
Island Bay is an amazing coastal suburb with cafes, a supermarket, a cinema ,and many other very popular shops. It has highly sought after schools, parks and playgrounds making it a perfect place to raise families with all the rugged coastline on your doorstep.
LIM Report available.