Property listing ID: 930047
Positioned in a premium location at 16 & 18 Williams Avenue, Pakuranga, this is a rare opportunity to secure a substantial 1,376m² (more or less) site zoned Terrace Housing and Apartment Building. Opportunities of this scale in central Pakuranga are tightly held and seldom offered to the market. Developers – This Is the One With services available on site and favourable zoning in place, this property presents a prime development opportunity ready for your next project. Run your feasibility, do your numbers, and come prepared — the vendors are serious and committed to a sale. A site of this size, location, and zoning rarely becomes available in such a well-established neighbourhood. A current concept design provides for 12 terrace townhouses (subject to council approval), giving developers a strong starting point to progress their next project. Land Bankers – Secure Your Future Growth For long-term investors, this is a strategic landholding opportunity in a continuously growing and high-demand area. Secure a substantial parcel in a premium location today and benefit from future capital growth. Combined rental income of approximately $1,500 per week. Location, scale, zoning, and holding income — a combination that’s increasingly hard to find. Property Features: • 1,376m² (more or less) combined land area • Terrace Housing and Apartment Building Zone • Combined rental income of approximately $1,500 per week • 18 Williams Ave – 5 bedrooms, 2 bathrooms on 736m² section, flexible layout with scope for extra rental income. • 16 Williams Ave – 3 bedrooms, 1.5 bathrooms on 640m² section, • Solid brick and tile construction on both dwellings • Services available on sites
Listed by Barfoot & Thompson , Yang Wang (Howick)