Some properties offer a home, while others offer an opportunity. 96 Lorne Street is one of those properties. Held by the same family since 1948, this substantial property is being offered to the market for the first time in almost 80 years, presenting a rare chance to secure a generous piece of Morrinsville real estate with plenty of options for the future.
Inside, the home offers comfortable and practical living, with an inviting open-plan layout bringing the kitchen, dining and living areas together to create a welcoming space for everyday family life. The kitchen has been recently painted, giving it a fresh and appealing feel, while the updated bathroom and separate toilet add further convenience.
Three bedrooms provide comfortable accommodation for the family, with the added benefit of an outside storage room offering valuable extra space for hobbies, equipment, gardening gear or simply keeping things organised.
For those who need plenty of garaging, the large four-car garage is a real highlight. Whether you're a keen handyman, car enthusiast, tradesperson or simply need somewhere to store the toys and tools, there is an abundance of room here, along with plenty of additional storage.
But it is the land and development potential that could make this property particularly exciting for developers and astute investors.
Set on approximately 1,515m2, this substantial landholding presents a rare opportunity to explore the potential for subdivision and development into three to four titles, subject to Council approval, planning requirements and all necessary consents.
For developers, the combination of a sizeable site, established dwelling and convenient town location provides an excellent foundation to investigate a potential multi-title development. For investors, it offers the possibility of unlocking significant additional value from the land over time, while retaining the existing home as part of your investment strategy during the planning and consenting process.
Opportunities to secure a section of this size, in such a handy Morrinsville location, with the potential to create multiple titles are becoming increasingly difficult to find. Whether you're an experienced developer looking for your next project or an investor searching for a property with genuine future upside, 96 Lorne Street deserves serious consideration.
For families, the property offers something equally appealing – an abundance of land and space to spread out, enjoy the outdoors, accommodate vehicles, pursue hobbies and create your own vision for the future.
And then there is the location, Morrinsville's CBD is just a short stroll away. Shops, cafes, schools, services and everyday amenities are all conveniently close, making this a practical location for families and an appealing proposition for developers and investors alike.
After almost eight decades with the same ownership, properties with this combination of history, landholding, location and development potential are rarely offered to the market.
Whether you're looking for a spacious family home, an investment with future upside, or your next development project, 96 Lorne Street offers an opportunity worth exploring.
Don't delay – contact me today for further information or to arrange your viewing.