Bay Harbour: March 13, 2024

REAL ESTATE
Exceptional lifestyle
or development
8 Harmans Road, Lyttelton
Price by negotiation,
28,049m² Land
Listing no. RH1245
Wednesday March 13 2024 Bay Harbour News 21
ADVERTISING FEATURE
Welcome to paradise and a genuine,
once in a lifetime opportunity to secure
28,049sqm of prime Lyttelton hillside land
to either conserve, develop, or to build your
lifestyle dream.
Available is a phenomenal land size
of 28,049 sqm, or 2.80 hectares, or 6.93
acres. Either way you look at it, this is
an exceptional lifestyle, conservation or
development opportunity. Potentially this
represents the largest raw development land
parcel left to be made available in Lyttelton.
Property is available for sale with no
services to site. Existing landowners have
undertaken considerable investigations
into the redevelopment potential of the
site, including the creation of easements
over neighbouring land for future access to
services.
Zoned lifestyle, with rockfall
management areas and 160m contour line
restrictions, surveyors have drawn plans for
an eight-lot subdivision. Comparable titled
sections of 1,200sqm on the market today,
are currently asking more than $390,000.
Based on those numbers, it doesn’t take
long to calculate the value in developing the
land further.
For conservationists and philanthropists,
the local community have been using part
of the land to develop mountain bike and
walking tracks, which are evidently well
used. Integrating the land back into natural
Port Hills reserve, complete with native
lizards in situ, is an opportunity to explore.
Having invested eighteen years into
the site, our owners are pragmatic about
passing this project over to another,
who has the enthusiasm to finish the
development dream. If that sounds like
you, then let’s chat about the potential you
envision.
Vicki Tahau Paton
M. 027 457 8351
Lynnette Baird
M. 021 224 6637
Vicki Tahau Paton
Real Estate
Real Homes New
Zealand Ltd
(Licensed Agent REAA 2008)
Shake it off.
Shake it off.
IT WORKS FOR TAYLOR. WE CAN MAKE IT WORK FOR YOUR WORRIES, NEEDS OR RISKS TOO. LET’S TALK.
03 940 2435 | FERRYMEAD.LAWYER@SAUNDERS.CO.NZ | CITY, WIGRAM, PAPANUI, FERRYMEAD | SAUNDERS.CO.NZ
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