Herald on Sunday

130 Normanby Road, Karaka

- Michael Boulgaris (021) 366 366 michael.boulgaris@boulgarisr­ealty.com Kelly Sinclair (021) 059 9489

Explore

the many options to build and develop terraced housing and apartment buildings up to one dwelling per 300 sqm of land.

Directly adjacent to Karaka Harboursid­e subdivisio­n and one kilometre to State Highway 1 on-ramp, do not overlook the huge future investment value of this prime land holding.

Surrounded by substantia­l, high quality and architectu­rally designed homes, the Karaka Lakes location is growing from strength to strength in popularity and amenities. Preferred schooling is attracting young families including the independen­t school of ACG Strathalla­n College. The fast growing infrastruc­ture is bringing in many young executives to reside in this fast, up and coming location. The freehold flat parcel of land comprises 1.0185 hectare of land with a wide frontage, excellent privacy and an extremely sunny aspect. The Unitary Plan suggests affordable housing can be constructe­d with an intended outcome to provide for a variety of residentia­l environmen­ts across land with high capability for urban developmen­t.

Part of the purchase is a large 1990’s single story contempora­ry home of brick constructi­on made up of 4-bedrooms, 2 bathrooms and generous living spaces.

The buyer is encouraged to complete their own due diligence in respect of future building and planning and to seek their own independen­t legal advice prior to entering into contract.

Tender closes 11 December 2018 at 5.00pm and offers to be submitted at 387 Remuera Road.

View Sunday 25th November 1.30pm to 2.00pm

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