Land – they aren’t making any more of it; it makes strategic sense to buy it now ! This dual site in Lyndhurst Street presents an opportunity for home buyers, builders, investors, and developers. AND, 2 x clear titles with no registered restrictive covenants with either [I’m also thinking relocateables ?]. So, keep reading :
This is something to seriously investigate if you are struggling to get on the property ladder. Here is a chance to build your own brand new home, so don’t look past this one, and start thinking outside the square. If you have been contributing to Kiwisaver and fit the HomeStart Grant criteria, you could be eligible for a $20,000 Government contribution [maximum per household grant] and, when building new the local capp is set higher at $500,000 rather than the standard Gisborne $400,000 !
Worthwhile investigating Healthy Affordable Homes – so definitely make sure to google “Clever Living Co”.
Either section is the quarter acre dream so whether you want a big section for yourself or maybe you buy now, strategically position your new home with a long term subdivision in mind; the gains are all there for you to take advantage of.
a) Currently held on two separate fee-simple sections
b) Land holding combined is a half acre / 2023m2
c) Road frontage is approximately 40m2
d) Perhaps split into 4 separate fee-simple sites ?
e) Or, smaller adjoining lots
f) AND, of course, the perfect solution for multiple housing options
Whether you buy one section, or want both, this is an opportunity that every savvy builder, developers, and investors should also seriously assess.
Crunch your numbers, this property is now surplus to requirements and will be sold.
2017 RV: $85,000 per sites
Rates: $2,275 combined both sites
No services currently on site
TENDER [unless sold prior] 12noon Thursday 19th November 2020
* subject to the local GDC bylaws and any applicable consents as may be directed.
- Address: 00 Lyndhurst Street,
- Area: Awapuni
- State/Country: Gisborne/NZ
- Zip: 4010
- Property Id: RX2565077
- Property Size:
- Property Lot Size: 2023 m²