5 MILLION DOLLARS IN EQUITY!

Listing Number:  945
Posting Date:  11 April 2008






 
Price:$6,500,000
Listing:5 MILLION DOLLARS IN EQUITY!
Type:Land : Subdivision Potential
Category:Private Sale
Bedrooms:None
Bathrooms:None
Region:Northland
Site Area: 
Address: Login
Building Area:Lots m2
Property Image

Description:

Thats right buy these properties and you will earn a cool 5 million dollars in equity. The deal consists of three properties on three seaside sections in Whangaruru. Details are as follows.

Lot 1 6000m^2 section with house. Valuation 2.2 million.

Lot 3 46 ha valuation as is 7.5 million.

Lot 4 16 ha valuation 1.8 million.

Total valuation is 11.5 million. The required purchase price for you to buy all three properties will be 6.5 million. You are welcome to make inquires about one lot only.

However thats not all, the 46ha is subdivable. The resource consent application process is underway and public submissions just closed. The total value of the subdivided sections is going to be 12.5 million, with estimated costs of $700,000. This means that you will be able to earn a simple 4.8 million dollars more by completing the subdivision. The numbers are so cool on this project its almost impossible to go wrong.

Send me an email for more information.