Development Opportunity
29 and 31 Totara Street, Putaruru are listed on the market together as a "package" for a future residential development project or a land banking opportunity for the astute investor/developer. There is an existing two bedroom dwelling and a single garage on number 29 and an older garage on number 31. Both rear boundaries border onto the well known Rangiura Retirement Village.
The combined land area for the two separate freehold titles is 1,975sqm (approx) The current owners had a draft plan in place to develop the sites but a change in circumstances dictate that the properties are now listed for sale.
Both titles are of a level contour and are within close proximity to the main Princes Street shopping precinct of Putaruru.
Prospective purchasers will need to conduct their own due diligence with the South Waikato District Council Planning Team.
Contact Don today to arrange a viewing appointment and to discuss the Putaruru/South Waikato area and the demands for rental or new affordable housing.
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ