Landbank and Rent on THAB zone!

If you are looking for your next development, but want the option to live in or rent the property first, then this could be it.

With new builds surrounding this full section site, on offer is this elevated 872 sqm corner site, with road frontage.

This site is just next door to the brand new Richmond developments zoned for the favourable - TERRACE HOUSING AND APARTMENT BUILDINGS ZONE under the Auckland Unitary Plan which provides for the greatest density, height and scale of development.

Whether you want to renovate the existing 3 bedroom 1 house or move in or rent it out and develop later on, this site has potential for a range of options.

Located within Auckland's leading established commercial and industrial precinct-Mt Wellington. You will be spoilt for choice being surrounded by eateries, shops and all the amenities from Sylvia park. Easy access to the both North and South motorways. Moments to transport, motorways and schools, you also have the convenience of a short commute to the city, ensuring this property will always hold value. This is a great and rare opportunity for developers or investors.

Land Bank, Rent out or Live with real potential for future gains!

• CV: $2,000,000 (2021)
• Land Value: $1,950,000
• Zoning: Terrace Housing and Apartment Buildings
• Land Area: 872sqm (more or less) - Freehold
• Floor Area: 86sqm (approx.)
• Schools: Otahuhu College
• Rates: $2,276.24 per annum (2021/2022)

Download all property files here:
https://filefling.co.nz/property/96hillsidero0

Please Call DIANNE MAXWELL 021 676 668 or JAYNE KIELY 021 352 007 for more information.

We work with all agencies. Conjunctions are welcome.

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