Alexandra Subdivision

  Otago Area 

Subdivision Development

 Alexandra

Alexandra area


 

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.
 
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.

Alexandra location 

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

Milestone Homes Milestone Homes


Section Type: Residential  
Development Type: Lifestyle  
Development Size: Whole development for sale as 1 lot
or as Sub Developments 
 
Address LOTS 1&12 (19) KAMAKA CRESCENT  
Size: 1.33 hectare  section    
Price: $ $ 480k + GST  
Valuation:    PDF

Profit Potential  Estimates only  
Finished Sale Price    $
Selling Costs Agent fees, lawyers etc (total 5%)

 $  

Initial purchase price Land, plans and consents  $
Development costs $ k per block - development cost
finance 3 years
 $   $ 
  Estimated Profit  $  mil

  BBX Barter Dollars
BBX and Barter dollars also accepted

Contact Details  
 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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NZ $480,000.00
Excl GST

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