Just released!

A perfect opportunity to either land bank (while collecting the rent) or explore the immediate HOT development opportunity that presents itself here.

Sitting on a beautiful parcel of land spanning 1813m2 (more or less), that’s practically level, it offers the astute developer an exciting project!

Zoned Residential 1 (RD1).

Rotorua Lakes Council has been included within the ‘Tier 2’ density standards.

The Medium Density Residential Standards allow development up to three units and three stories per section.

The home is a graceful old girl (circa 1910’s), with good bones, stunning charm, and a sensational feel of yesteryear. The floorboards are beautiful wide tongue and groove, the bedrooms are huge, with the fourth bedroom being an upstairs loft.

The fire is wetback, the kitchen a little basic, but all in all, she really is quite stunning.

Big garaging, tons of off-street parking, and park-like grounds, really bring this property together quite nicely.