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Alexandra Subdivision
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Otago Area
Alexandra
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Alexandra is a town in the Central Otago district of the Otago region of New Zealand with a population of 5,920 (2006). It is located on the banks of the Clutha River (at the confluence of the Manuherikia River), on State Highway 8, 188 km by road from Dunedin and 33 km south of Cromwell.
For sale are two existing freehold titles with proposed building sites in an established executive residential location with road frontage and full service connections. This is a great opportunity to develop an ongoing investment portfolio.
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| This property pays a 7% return on the Purchase Price of the land, for a period of 2 years, during the Subdivision and Build process. |
| After 2 years it is expected that the subdivision is complete and partially sold off to repay development costs, or buildings have been erected and will provide ongoing income. |
Build options:
These sections allow for your choice of house design.
An example of investor housing available from around NZ $180,000 is this house from Milestone Homes
www.milestonehomes.co.nz

| Section Type: |
Residential |
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| Development Type: |
Lifestyle |
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| Development Size: |
Whole development for sale as 1 lot
or as Sub Developments |
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| Address |
LOTS 1&12 (19) KAMAKA CRESCENT |
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| Size: |
1.33 hectare section |
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| Price: $ |
$ 480k + GST |
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| Valuation: |
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PDF |
| Profit Potential |
Estimates only |
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| Finished Sale Price |
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$ |
| Selling Costs |
Agent fees, lawyers etc (total 5%) |
$
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| Initial purchase price |
Land, plans and consents |
$ |
| Development costs |
$ k per block - development cost
finance 3 years |
$ $ |
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Estimated Profit |
$ mil |

BBX and Barter dollars also accepted
| Contact Details |
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| Name |
Daryo or Peter |
| Company |
Darius Group |
| Phone - Landline |
+64 9 447 1641 |
| Phone - Mobile |
Daryo +64 27 524 1931 Peter +64 274 711191 |
| Fax |
+64 9 447 1642 |
| Web Site |
www.dariusrealestate.com |
Note: email addresses available by placing an "enquiry" (top right of menu)
Information about the Otago Area
Otago Area Activities
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Click the "Hybrid" button on the "Live map" for satellite photo.
(Note: Photos depend on Zoom level - Click "Map" button to restore Streets)
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NZ $480,000.00 Excl GST
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