Opportunities like this don't come along often. Offering approximately 4 hectares of land, 308 Cones Road Loburn Lea is now rezoned Large Lot Residential, presenting a standout development opportunity as one of the area's most exciting potential subdivisions to hit the market.

The current owner has invested considerable time and effort into progressing the rezoning, creating a valuable head start for the next owner looking to take this project forward. A significant amount of preliminary work has already been completed, including geotechnical investigations, a preliminary site investigation, stormwater assessment and detailed site investigation.

Two potential development pathways provide flexibility for the purchaser. The zoning allows for up to seven residential lots of approximately 5,000m2; each, including the existing house site, with each lot able to have both a principal and a minor residential unit (subject to complying with relevant requirements). Alternatively, the property could potentially be developed into three larger residential parcels. The final configuration will depend on further investigation, planning requirements and the purchaser's development strategy.

This opportunity presents an attractive proposition for developers looking to secure a substantial landholding with much technical work already completed. Rather than starting from scratch, you have the benefit of existing reports, preliminary investigations and progress made by the current owner, providing a platform from which to assess and advance the next stage of development.

Alternatively, with a house already on the site, simply move in and landbank while enjoying rural life. The existing 1900s dwelling features three bedrooms, two bathrooms and a generous living and separate dining area, providing comfortable accommodation. A two-bay barn adds useful storage and functionality to the property, with mature fruit trees in the garden adding to the ambience. Rangiora is just five minutes down the road however, offering all the convenience of urban amenities almost on the doorstep.

The purchaser will need to undertake their own due diligence regarding consenting, infrastructure, servicing, costs and final subdivision approval. However, with the rezoning now in place and considerable preliminary work completed, this is an opportunity well worth serious consideration.

For developers, investors seeking their next project, or purchasers looking for a quieter life, this is a rare chance to secure a significant property with genuine potential and multiple development options.

To download the property information, please copy the link below into your web browser: http://rwrangiora.co.nz/RAN32532/#documents

Deadline sale: All offers to be presented 4pm, Thursday 5 November 2026 (unless sold prior).