Development Opportunity in Old Cromwell

This property comprises of a prime development opportunity in a sought-after Cromwell location. The home sits on an 800 m² corner section with resource consent obtained to subdivide into two lots: Lot 1 at 442 m² and Lot 2 at 358 m². The existing dwelling sits on LOT1 and is older styled comfortable three double bedroom, one-bathroom home featuring a generous sunny north facing separate living area and offering flexibility for a renovation or redevelopment. The property is being sold as is and allows buyers to pursue a range of strategies from full renovation to completing the planned subdivision with new-build options.

Conveniently located in a family friendly neighbourhood with amenities close at hand. A childcare centre is directly across the road, and Cromwell Primary School is within walking distance, making this an attractive option for families or investors alike. With the new Cromwell Community Centre and the Old Cromwell Precinct so close this area is becoming a very popular location for both investors and occupiers with an eye to the future.

If you are looking for a well-located subdivision project you will see the potential in this property. There is clear scope to optimize site layout and maximize value, with the added upside of living in the cottage while completing a new build on LOT 2, giving buyers flexibility while completing the project.

This property will create significant interest and early inspection is recommended.

Call Kate 027 2230076 to organise a viewing or check out the open home times.

Deadline Sale: Closing Friday 24th April at 2:00 pm. Prior offers considered.