Prime Development Opportunity
Unlock the potential of 37-39 Haumoana Street, Koutu - a rare 1,850sqm (more or less) development site in a strategic Rotorua location. With two freehold titles and plans previously prepared for a residential unit development, this is an exceptional opportunity for developers ready to capitalise on the growing demand for quality housing. Positioned across two sites, 37 Haumoana Street spans 973sqm and includes an existing 100sqm dwelling currently configured as two two-bedroom units, with some remedial work these could provide an option for holding income or redevelopment. Next door, 39 Haumoana Street offers 877sqm of vacant land, presenting a blank canvas for further development. Together, these properties create an expansive footprint with outstanding potential. Located in an established neighbourhood close to essential amenities, public transport, and Rotorua's thriving residential precincts, this site is ideally positioned for a high-yield project. With demand for housing continuing to rise, the opportunity to bring a contemporary residential development to life has never been more compelling. The groundwork has been set"now it's time to realise the full potential of this prime development site. Enquire today for further information.