INVEST NOW. DEVELOP LATER.
A flexible investment opportunity with two adjoining freehold properties, available to purchase separately or together. Both properties are currently occupied by functional family homes, offering immediate holding and rental potential, while the approved Resource Consent provides a clear pathway for future development.
THE OPPORTUNITY
591 Great South Road - 1,108sqm | 3 bedrooms |176 sqm | CV $1.47M
593 Great South Road - 750sqm | 4 bedrooms |177 sqm | CV $890K
Combined land: 1,858sqm (more or less)
Zoning: Residential - Mixed Housing Suburban
Approved RC: 10-lot subdivision Combined CV: $2.36M
FLEXIBLE OPTIONS
Buy 591 or 593 individually as an investment and landbank for the future. Buy both together and unlock the full potential of the combined 1,858sqm site. With the 10-lot Resource Consent already approved, much of the initial development groundwork is in place. A strong opportunity to invest, hold and develop when the time is right.
Comprehensive due diligence pack available.
Viewing by appointment.