Introducing a rare investment opportunity in a prime location! This expansive 9,847 sqm parcel of land boasts two charming residences and a substantial greenhouse, generating an impressive annual income of $66,560. Perfectly positioned and currently zoned as Lifestyle Improved Rural, this property holds incredible potential for future development.
With anticipated changes in the District Plan and ongoing housing development strategies in the region, this land presents a strategic option for land banking. Should the zoning shift to residential, the value of the property is likely to rise significantly, yielding exponential growth for astute investors.
The vendors are offering this unique opportunity for $2M + GST (if applicable). Don’t miss out on this chance to secure a promising investment that combines present income with future potential. If you're interested, have questions, or would like to schedule a viewing, please reach out today!
Agency Reference: RT251007