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Kelvin Grove 291 Napier Road, Kelvin Grove

ID BC119775
By Negotiation

Developers hidden gem

This premium, residential-zoned development property on the edge of the city will offer exceptional lagoon front sections, plus others to attract high-quality build, in a sort-after suburb. This setting is first class. Palmerston North City Council rezoned (Plan B) a large residential city block of 2.76 ha (more or less). Situated on Napier Road, the property is adjacent to Bupa Retirement Village and close to Whakarongo School, Beststart Kelvin Grove Childcare, opposite green space, and the city cycle/walkway. The professionally landscaped lagoon is a tranquil paradise set within established trees with abundant bird life and nature. PNCC and NZTA have approved access entry for the complete area. PNCC supports vesting the lagoon as a city asset at the commencement of the subdivision and integrating the property into the fabric of the green corridor network. Approximately 4.5979 ha of neighboring properties are also available to purchase, creating an extensive land package development opportunity. All offers can be made contemporaneously with each other. The house and buildings are included in the sale.
Features
Area | 389.00m2Land | 2.77 hectares(6.84 Acres)Rates | $10,285.80 incl GSTRegional rates | $2,507.38 incl GSTLV | $3,800,000RV | $4,500,000
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M  021 326 956  P  06 281 3709

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