82 and 84 Carrington Avenue present a rare, fully consented development opportunity comprising two side by side freehold properties with Resource Consent granted for a 12 unit residential development. Three waters approvals have been issued, EPA requirements have been completed, and two separate Building Consents are already in place, providing a true push go project with a clear pathway to construction.
The consent structure allows developers to deliver the project in stages, with the option to build 4 units initially, followed by the remaining 8 units, supporting flexibility and improved cashflow through the build. Importantly, the development has been consented under the older Development Contribution rates, providing a meaningful cost advantage for the purchaser.
Opportunities of this scale are becoming increasingly scarce in this area, with Hamilton East now facing tighter development capacity due to wastewater constraints, making this one of the last remaining consented developments available in the precinct.
Highlights
- Two side-by-side properties enabling a unified scheme
- 12-unit consented development near the University
- Resource & Building Consents in place
- Demand underpinned by medical school expansion
- Walkable access to key amenities and strong transport links
Sold by Tender closing 4pm - 10th March.
Enquire now for Information Memorandum.
