Development opportunity, Multi bedroom section

On offer is a flat 607sqm Residential 2 section ready to build on. Consent have been approved for 2 x 5 bedroom studio rooms or you can start fresh and put your own concept on the property. The section meets all DCC requirements in preparation for building and an engineers report with PS4 certificate is available. Caversham & South Dunedin are undergoing a stunning resurgence and this opportunity is adjacent to the new Placemakers building and nearby some of the new upmarket townhouse developments in the area. Whatever you decide to build it will fall under the rules qualifying as a new build reaping all the benefits that brings as an investment property with regards the shorter bright line tax rule and the ability to claim interest. Enjoy developing a property that will be part of a new community and only a short stroll away from shops, parks and transport links and minutes to city centre, south Dunedin shopping centre and the St Kilda and St Clair beaches.