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54 Princes Street,
Otahuhu, Auckland City

3 bedrooms
1 bathroom
2 car spaces
883m² land size
131m² building size
House

NZD 1,530,000


Property details

Freehold 883 sqm - T.H.A.B Zone

Situated in the heart of South Auckland, here is your golden opportunity to secure an exclusive 883qm of prime freehold land all zoned to T.H.A.B. Having the highly desirable Residential Terrace Housing and Apartment Buildings Zone, which provides for the greatest density, height and scale of development, this prolific site will appeal to developers, land bankers and investors. Explore the various exciting possibilities for development (subject to council approval) with your architect and/or builder and discover the substantial potential or renovate the original 3 bedroom home plus a separate garage.

Freehold land is one of the most favoured asset classes you can park your money, and best of all you can enjoy the rental income while you are planning your next project.

Location is key for any development or apartment living, wow this one ticks ALL the boxes. Large level section, services nearby and on high density zoning. Only 10 mins walk to Otahuhu Train Station, a short stroll to main street shopping and across the road from Otahuhu Pool & Leisure Centre. Handy to bus routes, Sylvia Park Shopping Centre, Highbrook, Middlemore Hospital and just 15 km to the Auckland CBD. Close to Sturges Park and schools including Otahuhu & Kings Colleges and childcare centres.

PLEASE NOTE:
All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.

Explore the area


School catchments

  • Otahuhu Intermediate Intermediate Years 7-8 State 0.31km
  • St Joseph's School (Otahuhu) Full primary Years 1-8 State integrated 0.60km
  • Otahuhu School Primary Years 1-6 State 0.69km
  • Fairburn School Primary Years 1-6 State 0.94km
  • Wymondley Road School Primary Years 1-6 State 1.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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