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Bayleys Hamilton, (Licensed: REAA 2008)
John Heskett John Heskett

82 and 84 Carrington Avenue, Silverdale

For sale by tender, 10 Mar

Listing Description

Listed: Thu, 19 Feb

12 Unit Consented Development Near University

82 and 84 Carrington Avenue, Silverdale, Hamilton, Waikato

Details

  •   5 Beds
  •   2 Baths
  •   222m² Floor
AttributeValue
Property type
House
Capital value (CV)
$1,840,000
Agency reference
2314736
Broadband in the areaFibre, ADSL, Satellite, VDSL, Wireless

Description

82 and 84 Carrington Avenue present a rare, fully consented development opportunity comprising two side by side freehold properties with Resource Consent granted for a 12 unit residential development. Three waters approvals have been issued, EPA requirements have been completed, and two separate Building Consents are already in place, providing a true push go project with a clear pathway to construction.

The consent structure allows developers to deliver the project in stages, with the option to build 4 units initially, followed by the remaining 8 units, supporting flexibility and improved cashflow through the build. Importantly, the development has been consented under the older Development Contribution rates, providing a meaningful cost advantage for the purchaser.

Opportunities of this scale are becoming increasingly scarce in this area, with Hamilton East now facing tighter development capacity due to wastewater constraints, making this one of the last remaining consented developments available in the precinct.

Highlights

  • Two side-by-side properties enabling a unified scheme
  • 12-unit consented development near the University
  • Resource & Building Consents in place
  • Demand underpinned by medical school expansion
  • Walkable access to key amenities and strong transport links

Sold by Tender closing 4pm - 10th March.

Enquire now for Information Memorandum.


Open home times

No times scheduled

Property Files

John Heskett

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Local Schools




While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.



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Agent's details

John Heskett

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Bayleys Hamilton, (Licensed: REAA 2008)

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