Property listing ID: 820214
We are calling it early; this acquisition will be the ultimate battle between developers; immediate action is advised for those scouting out their next high-density project! As a freehold 1467m2 (approx.) property zoned Terrace and Apartment under the current Auckland Unitary Plan, 85 Panama beckons an exciting development opportunity that facilitates a variety of project designs warranting maximum returns on investment. This Mt. Wellington parcel offers future occupants a metropolitan edge enhanced by an established neighbourhood close to Sylvia Park, all-directional motorways, Ian Shaw Park, Flat Rock Reserve, with great education options. The broad road frontage and vast land work favourably for construction. Given all the positive influencing factors and further council investigation, the financial future is unquestionably optimistic. Presently centred on site is a cute early-century 3-bedroom, 2-bathroom gem. Embracing a cosy and traditional living design and a multi-functioning detached garage with a workshop, it makes for a perfect temporary rental while bigger plans take shape. If you are seeking the golden opportunity and maximise your investment, viewing the potential here is a must. The vendor says sell. Contact Cici to make your enquiry.
Listed by Barfoot & Thompson , Cici Wang (Remuera)