40 House Residential Subdivision Opportunity
Tender: closes 4.00pm, 11th November 2021
Tenders to be delivered to Ray White Rotorua, 1239 Amohia Street, Rotorua (not sold prior)
Flat residential land is extremely scarce in Rotorua due to our caldera basin geography. This 3.2 ha zoned residential has the hallmarks of a quality residential subdivision. Recent residential subdivisions have been created nearby including "Moana Views", "Kimberley Grove" and "East Lake".
Well located for amenities such as shopping centres, supermarkets and all levels of schooling, as well as being an easy 5 minute drive to Rotorua Airport. Located less than a 10 minute drive from Whakarewarewa forest - Rotorua's Mountain biking Mecca! The town centre is a 10 to 15min drive away and public transport is within walking distance.
There is a historical 40 section scheme plan available which gives an idea of the potential but would require updating to reflect current council requirements for stormwater, sewage and services. There has also been a 310m2 home built in the 1990's over some of the sites which includes a high stud 4 bay shed.
There are 3 street entrances available to the land of which one forms the driveway to the existing dwelling.
First time on the market in 25 years - this is a rare opportunity for developers or landbankers.
Contact Niki for a full information pack.