Residential Property Development Opportunity


120 Washington Road, Stepneyville

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Residential Property Development Opportunity | 120 Washington Road, Stepneyville | 4020896 |      X Close
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Residential Property Development Opportunity


Attention investors, tradesmen, property developers, and land bankers! Just five minutes from Nelson CBD, this prime 2,797 square metre property is an exceptional investment opportunity.

Featuring a ¾ built home that is watertight and ready for completion, all construction to date has been executed to building code standards and signed off by Nelson City Council. Additionally, extensive work has been completed to subdivide the property into five lots, making this an ideal project for anyone looking to finish off the project and secure significant returns.

Don't miss out on this unique opportunity to develop and profit from a property of opportunity.

The property consists of 5 lots:

•Lots 1 to 4: Access from Britannia Heights. Bulk earthworks are complete, sewage and stormwater systems are in place, and retaining walls are completed under building code.

•Lot 5: Access from Washington Road. Features a 3/4 built home that is weather-tight and approaching the pre-line stage of construction. All works to date have been completed by a licenced building practitioner and adhere to council-approved plans.

This property offers immense potential for development or land banking. With a bulk amount of the infrastructure completed, the groundwork is laid for an easy continuation of the project. Come take a look at this opportunity to secure a valuable piece of Nelson real estate.

Contact me today for more information and your own comprehensive property information booklet.

120 Washington Road, Stepneyville

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