Serious development potential


12 De Lautour Road, Kaiti

Asking Price NZD $455,000

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Serious development potential | 12 De Lautour Road, Kaiti | 2752655 |      X Close
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Serious development potential


My vendor needs this sold!

The size and location of this large 1179 sqm property make for a serious development opportunity.

Well located close to schools, shops and good transport routes, with all day sun and a well-shaped level section, there are several development opportunities here.

Demolish the old shop and build multiple dwellings. With the housing shortage Tairawhiti is facing, these could be ideal as rentals or transitional housing.

Complete the subdivision and develop. Resource Consent for subdivision was granted in 2021, and with Engineering approval application for driveway lodged, much of the hard work of subdivision has already been done. Approval has been granted for a 679 sqm back section and a 500 sqm front section incorporating the old shop which has been used as a dwelling for many years.

Work is required on the existing dwelling, however if you have the skills, you could live in it while building your dream home on the back section. The front section could then be developed, or the existing dwelling upgraded as a rental property.

With no covenants in place, relocating a dwelling or dwellings could also be a cost-effective option.

Opportunities like this are not often available and with a massively motivated vendor, this is here to be sold! All offers are invited for consideration.

Documents and 3D Tour available by request.

Boundary lines are indicative only.

12 De Lautour Road, Kaiti

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