Seldom available and often sought after, this beach street site in popular Petone presents options for developers and owner/occupiers alike.
Currently set up with two dwellings on site, savvy buyers may remove both and build their dream home on a generous site mere minutes from the beach with potential for sea views. Conversely even more savvy buyers could speculate and build two townhouses upon obtaining Lower Hutt City Council approval (Resource consent would need to be applied for and granted) and create future income streams or a home and income in an area of constant interest and popularity.
The existing dwellings are currently rented so holding costs may be offset while the development process is in motion.
Interest will be high, so best view at the earliest opportunity to afford the time required to complete any due diligence. This property will be sold ....make no mistake!
Seldom available and often sought after, this beach street site in popular Petone presents options for developers and owner/occupiers alike.
Currently set up with two dwellings on site, savvy buyers may remove both and build their dream home on a generous site mere minutes from the beach with potential for sea views. Conversely even more savvy buyers could speculate and build two townhouses upon obtaining Lower Hutt City Council approval (Resource consent would need to be applied for and granted) and create future income streams or a home and income in an area of constant interest and popularity.
The existing dwellings are currently rented so holding costs may be offset while the development process is in motion.
Interest will be high, so best view at the earliest opportunity to afford the time required to complete any due diligence. This property will be sold ....make no mistake!
Tender closes 2:00pm, Thursday 13 September