Featured Property

7 homes on large sites for sale that have lots of potential

Article by Property Press

From large character homes to cute one-bedroom cottages, these properties for sale across New Zealand have large sites brimming with potential

Sometimes the house is the least of your considerations when you look at a property for sale. Large sites with easy access offer so many possibilities to those wanting to build their dream home in a tightly held location.

Some properties will offer multiple options for how they are developed, so you can really tailor things to suit your requirements and maximise extra revenue from any development. Here’s our pick of some great properties for sale around the country that offer so much potential.


1. Time Warp

Step back in time when you visit this Kingston property. A stroll from picturesque Lake Wakatipu, the original two-bedroom family bach is a very welcoming spot to sit and mull over your options for the whopping 1618m2 level site.

In two titles, there are so many options here — you may want to subdivide and sell one section off to help finance your dream home, or develop both sites yourself. One thing’s for certain — this is a rare opportunity in a fabulous location.


2. Starter pack

This cute little cottage on the Banks Peninsula in Canterbury offers the perfect starter pack for someone with imagination. Located in a lovely sunny spot with a glimpse of the sea, the level 913m2 block is screaming out with possibilities.

There’s plenty to like about living here while you save more funds and plot your next move.


 

3. Opportunity knocks

This Mount Maunganui home is an example of one of those old real estate adages – buy the worst house in the best street. But it’s not the little one-bed cottage you’ll be focusing on, it’s the possibilities for the fabulous site in a premium street close to all the action.

If you’re feeling really adventurous you might like to check out the adjoining block of land at 19 Pitau Road that’s also for sale – together the two properties would give you a stonking 1511m2 to play with. This really is an exciting proposition in one of New Zealand’s favourite beach locations.


 

4. Subdivide it

This modest home in Katikati is pleasant enough but it’s the 812m2 subdividable, level site that’s the real belle of the ball here. Bank the rent from the 3-bedroom home while you get all your ducks in a row.

So close to town, this could be the perfect chance to build your own dream home in the booming Bay of Plenty, helped by a top-up from selling off the other half of the section.


5. Unique offering

This Lyall Bay home really is the perfect project for someone with energy and enthusiasm. The gracious old three-bedroom villa is fine as is but could really be something special with a sympathetic renovation.

Then there’s the one-bedroom flat in the basement that could earn some welcome extra income, especially if it’s given a bit of a makeover.

Add to that the fact the 1012m2 block offers buyers the possibility of building two extra townhouses and you have a unique offering that just keeps on giving.


6. Ready to go

This is a big block of land in Hawera close to the CBD that has so much potential. The old villa on the front of the site needs a lot of care and attention but has great bones.

There’s currently a separate one-bedroom flat on the site as well but with 1338m2 at your disposal there are lots of other ways that you can maximise use of this level site with easy street access. It’s all waiting and ready to go when you are.


 

7. Prized location

There’s a charming family home with plenty of character on this Hamilton site already but with 1726m2 of land at your fingertips you may like to toss around some plans for how you could develop this perfect parcel of land further.

Situated so close to both the lake and the CBD with a lovely outlook, this is a rare chance to build your own dream home in such a prized area, while another family enjoys living in the original home.


Words by: Sarah Beresford.

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