An outstanding opportunity here, for both serious investors and developers, in an Apartment and Terraced Housing Zone with the added bonus of a Westlake Girls HS zoning too. There are multiple options here to reap rewards now or in the future, especially considering the location and the condition of the existing units and the characteristics of the site itself.
You can land bank for your future prosperity. Or investigate development right now such as a new-build development, plenty of options here with the Terraced Housing and Apartment zoning. A Surveyor's report will be available.
The location is great - in the Wairau Valley end of Sunnynook, just 5 minutes walk to Link Drive Asian food shops, and Sunnynook Bus Station, with Sunnynook shopping centre just another 5 minutes away. So you can enjoy easy access to Auckland CBD or Albany together with plenty of local amenities.
These 1970's units are right up the front of the site, the bulk of the land is behind them, with plenty of room down the side for access to new development.
Both are in excellent, sound condition, one is currently rented, the other has been occupied by the same owners for over 35 years. Rental potential for both combined is approximately $ 1100.00 per week. Terms of the sale are vacant possession. Both have their own garages and additional parking spaces. Creating exclusive-use courtyard areas for both units should increase their value immediately.
Apart from Westlake Girls HS, other zoned schools are Target Road Primary, Wairau Intermediate, or Glenfield Intermediate.
All-in-all there are multiple options here for you to consider. Call us now for further information or come and visit us at an Open Home this weekend!
