Ray White Hamilton
Real Estate Agents
- Listing #:
- HAM40931
- Listed:
- 247 days ago
By Negotiation
Consented Development - Holding Income
88 Aurora Terrace, Hillcrest, HamiltonResidential House
-
- 3 Bedrooms
-
- 1 Bathroom
-
- 2 Car Garages
-
- 90m2 Floor Area
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- 645m2 Land Area
About this property
This is your chance to secure a consented site just minutes from the University of Waikato-one of the strongest rental catchments in the region. Whether you're a developer looking for a hassle-free project or an investor wanting strong future returns, this opportunity ticks all the boxes.Resource, and subdivision consents have already been approved. There is no waiting, no council red tape-just pick up the plans and get started.
Approved for Multiple Units - The site is consented for a mix of two and three-bedroom townhouses, catering to both the rental and first-home buyer markets:
3x 2-bedroom, 2-bathroom units (78m² each)
2x 3-bedroom, 2-bathroom units with carparks (93m² each)
An existing 90m², three-bedroom home is already tenanted and has generated income from day one. It features open-plan living/dining, a separate kitchen, a large section, a detached garage, and a heat pump for year-round comfort. Live in it, rent it out, renovate it, prepare your build - Land bank.
With strong demand from students and young professionals, this location offers excellent long-term potential. The current owner is stepping up to larger projects and is motivated to sell. Development-ready sites like this-especially in sought-after university zones-are rare.
Don't miss this opportunity. Get in touch today to talk numbers and take the next step.
Land Area Disclaimer
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Hamilton City Council (LIM) or Title documents. They have not been measured by the Salesperson or Online Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.
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