Rare Development Opportunity! Legal Home & Income or a great opportunity for an extended family on a large 1776m2 section in the sought-after suburb of Mt Roskill.
Vendors are keen to move to their dream lifestyle property and need to sell this property. Under the Unitary plan for Mixed housing suburban, offering numerous development opportunities, a feasibility study has been carried out which allows 11 dwellings to be built or one can choose a mix that suits.
The property has a resource consent under the previous zoning rules to carry out a four-lot subdivision. Approved plans for resource consent and relevant information available.
On offer is a home and income property; the main house comprising a 3-bedroom two level home with a large rumpus and a double garage. There is a separate self-contained minor dwelling with 1 bedroom. Both the properties are currently tenanted and provide one a holding income of $650 and $380 per week, until one decides to develop or a good landbank option. The tenants are happy to stay on, earning income while you gather consents.
Easy access to SH20 motorway, allowing good connectivity to reach anywhere in Auckland plus in zone to popular schools Marshall Lange Primary and Lynfield College.
Don't miss this opportunity to buy in this prime location!