Are you looking for an opportunity to create a lasting impact in the heart of the city? We have an exciting proposition for you.

Just minutes away from the bustling CBD, the prestigious university, and the serene botanic gardens, we have a large tract of land ready for development. This property comes with a sizeable converted dwelling (formerly a scout hall, but now a house with a sizable workshop and rumpus area, making it an attractive proposition for both first-time builders and seasoned developers alike.

The property is on the verge of meeting all resource consent requirements and is poised to be subdivided into four lots. The Resource Consent reference is SUB-2021-109. A fence along State Highway One is already under construction, and all that remains is to establish drive-on access to the lower aspect of the subdivision from Pine Hill Road.

Strategically located along a bus route, this property is situated on a hill and oriented towards the afternoon sun, offering a mix of sloping and level ground. While concrete pads may work on some parts of the land, other areas are more suitable for pile-drive foundations.

The community predominantly consists of families and owner-occupied residences, with a smattering of student and worker rental homes. Given its accessibility to the university precinct, hospital, Garden's village, and the CBD, residential units in this location would appeal to a diverse range of potential occupants, including students, workers, and couples.

This is a golden opportunity to create "in-fill housing" that accommodates multi-unit dwellings, contributing to the vibrancy and diversity of our city.

This is an off-market opportunity. The current developer has plenty on his plate, and is motivated to sell due to a change in personal circumstances.