Cashflow Friendly | Development Potential | 888sqm

Set on 888sqm (more or less), 24A Grove Road presents an exciting opportunity for developers, builders and investors looking to create value while keeping an income stream in place. With Resource Consent already granted, you can retain the existing four-bedroom home, currently returning $745 per week, while progressing the rear development, subject to any further Council approvals. It's a practical way to keep the cashflow coming in while moving your project forward.

But there's more to explore. The existing home also provides the potential to be relocated to another site, creating another opportunity to generate income or maximise the value of the dwelling, subject to Council approval. Delayed settlement is also available, giving you the opportunity to secure the property now and settle later.

Key features:

• Resource Consent already granted
• Existing four-bedroom home returning $745 per week
• 888sqm (more or less)
• Delayed settlement available
• Potential to relocate the existing dwelling (subject to council approval)
• Services available nearby
• Flat & level site with easy access

The architecturally designed plans have been created in collaboration with a builder, with a focus on delivering a cost-efficient four-bedroom home without compromising on space or quality. With four generous bedrooms, there's room for everyone, while the two master bedrooms add flexibility to the design. The downstairs master offers an ideal private retreat for parents, guests, extended family or teenagers.

The proposed home also features three bathrooms, including two ensuites, and four toilets, providing excellent convenience and privacy for busy family living. An internally accessed garage with additional storage, along with off-street parking, adds further practicality.

Centrally located within walking distance of local shops, schools, the train station, swimming pool, bus stops and a medical centre, with motorway access approximately 10 minutes away. Drury's rapidly developing area is also around 15 minutes away, with the new Drury train station now operating and further major development planned, including future retail, commercial and healthcare facilities.

The vendors have done the groundwork, created the vision and are now committed elsewhere. With the plans and Resource Consent already in place, this is your opportunity to take over where they left off and unlock the potential for yourself.

Our vendors loss could be your opportunity!

Contact us today to review the Resource Consent, discuss the proposed plans and explore the potential this property offers.

*All proposed development and relocation options remain subject to any further required Council approvals and purchaser due diligence*