164 South Road, Caversham, Dunedin
Prime Development Site
164 South Road, Caversham, Dunedin
Developers, take note of the fantastic location of this prime real estate in Dunedin. It presents an exciting opportunity for builders and developers who can envision its potential. The section boasts dual road frontage and, subject to council approval, has the potential to accommodate the construction of 3 x 2-bedroom townhouses (Subject to council approval).
Although the existing home has been well lived in and requires significant renovations, the near new roof is a promising starting point if you choose to keep it. You have several options to consider, such as renovating the house for personal use or as a rental investment, holding onto the land for future development, or tearing down the existing home and starting anew. The decision is yours to make! Our owners have made it clear that the property must go.
Exciting news! The vendor has created preliminary designs for a new townhouse that are available upon request. Due to a change in circumstances, the property must be sold, presenting a fantastic opportunity for someone who is ready to take the baton and seize the potential of this property.
****Prior Offers Considered****
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