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55 Russell Road, Kensington, Whangarei

Central Residential Development Opportunity

dollar

Offers

Section
Lifestyle section
Land area
6.57ha
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Property details

Listing # WHC29941 | Listed on 13 April 2022

An excellent opportunity to develop over 6 ha of land featuring native bush & expansive views within walking distance of the CBD and a multitude of recreational facilities.

Whangarei is seeing plenty of growth, with demand far outstripping supply. Residential sections close to the CBD with views, native bird song and drenched in sun will be well sought after.

Concept plans prepared by Reyburn and Bryant indicate this land can be subdivided into 7 sections under the operative district plan, with potential to squeeze a further 5. A subdivision feasibility summary is included in our property file.

The lay of the land appears steep, but a walk over this property will show that building platforms can be placed in areas where the land levels slightly resulting in prime residential allotments right in the heart of Whangarei.

The location of this property is unrivaled, being close to the quarry gardens, Kensington Park, Boys & Girls High Schools and the Coronation Reserve entry into the expansive Pukenui Forest.

Call Megan McGregor today for a comprehensive property file.

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