Sold

19 Drake Street,
Howick, Manukau City

1,209m² land size
Section

Price withheld


Investors - Builders here is your chance

UNDER CONTRACT
Investors - Builders here is your chance
Absentee owner clearing the decks and reluctantly offers this property for sale. Situated within a short walk to Howick village this 1,209m2 section is perfectly positioned for loads of sun, transport and community living.

Resource consent is in place to construct 9 unique One bedroom self contained Studio's ranging from 37m2 to 41m2 with one car park. Vaulted ceiling gives a feeling of space and these will feel deceptively bigger than they are.

The existing home will need to be demolished and removed, once a building consent is issued, these should not take long to construct.

Product Design:
This development was designed to be held in perpetuity for rental income later in life, or something solid for your children, hmmmmm. Rental per studio is estimated between $450.00 and $500.00 per week. Clever design materials means reduced maintenance costs long term and effective build costs today.
Vendor is open to discuss terms.

The property is for sale by Tender and this closes ..... at 4.00pm Friday March 29th (unless sold prior)

Plans and details available to interested purchasers by emailing roger.sumich@raywhite.com

Explore the area


School catchments

  • Owairoa Primary School Primary Years 1-6 State 0.66km
  • Cockle Bay School Primary Years 1-6 State 0.70km
  • Shelly Park School Primary Years 1-6 State 1.3km
  • Howick Intermediate Intermediate Years 7-8 State 1.4km
  • Somerville Intermediate School Intermediate Years 7-8 State 1.4km

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

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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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