Landbank in Drury FU


221 Cossey Road, Drury

By Negotiation

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Landbank in Drury FU | 221 Cossey Road, Drury | 1952380 |      X Close
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Landbank in Drury FU


Perched upon a flat, north-facing section in the heart of Drury, this solid three bedroom home is everything you've been searching for in a land banking investment and more! With Drury set to become 'the same size as Napier' over the next 30 years, three of New Zealand's biggest developers - Oyster Capital, Fulton Hogan and Kiwi Property - are rezoning the land in East Drury from future urban to a mix of residential business and open space zones, and undertake all the roading and infrastructure upgrades in their development.

Built in the 1980's, this lovingly maintained home features three bedrooms, a well-appointed kitchen, and spacious open-plan living areas. There's plenty of storage and the added convenience of a separate laundry, while the heat-pump creates a warm and inviting atmosphere.

The north facing flat section is fully-fenced, providing peace of mind when kids and pets/animals are involved. Double garaging and plenty of extra off-street parking are further bonuses.

Of course, the complex's position recently is also incredibly advantageous being less than zoned from the rezoned 1.84ha, with this hugely-popular, rapidly-appreciating location underpinning any investment. This one hectare block of future urban land is tucked nicely up this private cul-de-sac.

There's simply no denying the potential on offer here, and interest is sure to be high as consequence. Smart buyers will proceed with haste - call me now for more information.

https://www.rnz.co.nz/news/ldr/478285/drury-to-become-same-size-as-napier-after-appeal-halting-development-dropped

221 Cossey Road, Drury

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