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Waitakere City
Henderson
252 Great North Road

252 Great North Road, Henderson

37 Bed

33 Bath

Investors, Landbankers and Developers must explore the possi

The property at 252 Great North Road comprises a 31 unit complex returning $417,000 circa net situated on 3,562m² of land, zoned for apartments up to 4 storeys under the Proposed Unitary Plan.

The property has previously been operated as a Motel and has quickly been leased on an individual tenancy basis providing purchasers with a cashflow holding position and flexibility to take advantage of the development potential in the future.

Call now for further details.

Key attributes are as follows:-

$417,000 circa net return currently run under management
31 unit complex with an IEP rating of 85%
3,562m² freehold land with holding income
Terrace housing and Apartment zone under the PAUP allowing buildings 4 storeys

high.

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Property details

Location:

252 Great North Road, Henderson

Property type:

Apartment

Land area:

3562m²

Bedrooms:

37

Bathrooms:

33

Property ID:

565544

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