Located behind a quiet cul-de-sac, 140a Panorama Drive provides 7,445 sqm of residentially zoned land offering scale with potential for a range of options. Positioned above Marsden Valley, the property enjoys views across to Rabbit Island and the Western ranges providing sensational sunsets. Panorama Drive is a sought-after area in the Nelson region and the standard and value of the surrounding properties reflect this. Superb aspect and contour of the property ensures that it cannot be built out - future proofing any plans. This also guarantees a continuation of the privacy and peaceful nature of the block, which it has in abundance. Subdivision plans have been completed and Geotech approved. Plans are for subdivision into four large sections, however there are a range of options with this property. The obvious first option is to complete the existing development and sell on as sections or design, build, sell four houses. A significant portion of the earthworks relating to the driveway, retaining, landscaping and two of the build sites has already been completed. Alternatively, you can retain the property for your exclusive use and landbank the remainder for future development. A third option would be to build on the rear section, giving you approx. 3,000 sqm, whilst developing and selling the two sections at the front to ease cash flow. A site inspection is a must for anyone interested in seizing this opportunity which will appeal broadly. Inspection by appointment only, so contact Scott today. *land and floor areas are approx. only Features: * Subdivision potential * Elevated site with stunning views * Within 10mins of Nelson and Richmond CBD * Quiet and private Enquiries over $940,000 More information: https://www.colliers.co.nz/p-NZL67027059
Email enquiry to Colliers, Nelson, Commercial Realty Ltd, (Licensed: REAA 2008)
Property ID: 320089541737