Neighbourly Premium Business
Cambridge Real Estate 2007 Ltd
Real Estate Agents
- Listing #:
- L30300340
- Listed:
- 34 days ago
Tender (unless sold prior)
Combined Sale - Developers Alert
49 & 51 Grosvenor Street, Cambridge, WaikatoResidential House
-
- 7 Bedrooms
-
- 2 Bathrooms
-
- 2 Car Garages
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- 2 Covered Car Parks
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- 253m2 Floor Area
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- 2,024m2 Land Area
About this property
The combined sale of 51 and 49 Grosvenor Street, Cambridge presents an exceptional opportunity for developers, investors, or visionary homeowners. Together, these two properties offer a substantial 2022m2 (more or less) of prime land in one of the best locations, making it a rare and highly desirable offering.Both dwellings are currently vacant, allowing immediate access and flexibility for any project.
The potential for subdivision is a standout feature, with the expansive combined section size providing endless possibilities for development. Whether you're considering creating multiple residential lots, building new homes, or exploring other innovative uses, the scale and location of this land make it a perfect canvas for a lucrative development.
Each existing dwelling has its unique charm, with 49 Grosvenor Street featuring old-world architectural elements like curved walls, while both properties share beautifully well-planted gardens that enhance the overall appeal. However, the true value lies in the potential to reimagine this expansive site.
With local zoning that may permit the creation of several new homes, this combined sale is a rare chance to make a significant impact in a highly sought-after area.
In summary, 51 and 49 Grosvenor Street together offer an unparalleled opportunity to capitalize on a large, subdividable land parcel in a premier location. Whether you're looking to develop, invest, or create a family compound, the possibilities are endless with this unique combined sale.
Tender Closes: Thursday 3 October 2024 at 3 pm at the office of Cambridge Real Estate, 47 Alpha Street, Cambridge (unless sold prior).
Sun 29th Sep 3:15pm ~ 3:45pm
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