Comprising approximately 506m2 (+/-), with dimensions of roughly 10 metres wide by 50 metres deep, this rectangular parcel presents an efficient and practical layout for residential development.

The site is being offered as bare land and is ideally suited to developers seeking a streamlined project. Concept plans have already been prepared for the construction of three residential units, providing a strong foundation to progress the development.

Importantly, resource consent and subdivision consent were issued in 2023, offering purchasers significant time and cost advantages. There is also potential to apply for an extension upon expiry of the five-year consent period, if required.

Positioned just up from Princes Street, the property enjoys close proximity to bus stops, the South Dunedin shopping centre, and the city centre, ensuring excellent access to amenities, services, and transport links. This convenient location will appeal strongly to future homeowners and tenants alike.

With consents in place and concept plans prepared, this is a compelling opportunity for developers looking to secure a well-located and development-ready site.

Enquire today for further information.

Web iD: IN12214
Approximate land area: 506m²
Rateable value: $335,000