Discover the perfect opportunity with this expansive 878sqm parcel of land, complete with recent Resource Consent (RC) approval for construction. Located in the prime area of Papatoetoe, this property promises substantial returns. Property Highlights: • Over two years of engineering and consultation have culminated in a highly favourable outcome, making all the hard work worthwhile. • With the upcoming Plan Change 78 next year, this property will be zoned for Terrace and Apartment Building Zone, offering immense potential with minor RC amendments. • The market's rejection of townhouse developments is addressed with this property's RC, which the council has praised for providing independent outlooks, space, and privacy for each property. • The front property is a standalone large house, directly accessible from the road, and a duplex of two large houses will ensure complete privacy and outlook space. Two rear houses will have access to ample land, which is rare these days. • The finished product will be highly attractive to buyers. With intensification done thoughtfully, it balances buyer perspectives. • Easy connections to stormwater and wastewater are available on-site. • Vehicle crossing is already approved. • Located on a cul-de-sac street, it's less than a minute's walk to the Shopping centres and the Sikh Temple. Papatoetoe Central School, Intermediate and High School in zone. Motorways at door step. Bus stop and train station walking distance. • Property prices are expected to rise next year, and these brand-new houses, built to maximize privacy and independence, will be in high demand whether sold or rented. • In the event of natural calamities such as flooding, this property is designed to be in a safe zone. Extensive engineering and modelling ensure it will remain unaffected. The current design future-proofs the property against any potential flooding. Don't miss out on this exceptional opportunity. Deals like this are rare, and the potential for high returns is substantial.
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