This unique property offers the discerning buyer the opportunity to develop a new Rotorua subdivision. Approved in March 2015 for a two-stage subdivision creating a total of 40 residential lots ranging in size from 548m² to 1147m² (approx.), the consent approval specifies only 3 lots will attract a reserve contributions. Start the subdivision immediately or you can decide to land-bank and develop at a later stage.
The property is currently used as a lifestyle property which includes a low-maintenance 4-bedroom, family home with double garaging and a carport, a separate fully self-contained flat and a high-stud, 3-bay garage. The subdivision plans have been designed to incorporate the main dwelling on its own subdivided lot, which means the opportunity exists to live in the home whilst you supervise the subdivision progress.
Contact Hielke for a comprehensive plan and information pack including a detailed subdivision scheme plan to appreciate what is on offer here.