Situated in a sought-after street of Mt Wellington, here is your golden opportunity to secure a full section of 713 m? prime freehold land zoned to Residential - Mixed Housing Suburban. We have a completely renovated 1950's bungalow home with a Resource Consent approved to build an additional freestanding 2 storey home at the back of the property. This will appeal to family home buyers, land bankers, investors and certainly developers.
This could be the greatest opportunity for investors to land bank in a suburb which has recently been substantially increasing in value or the perfect family home for a family wanting to build an extra home for extended family. Developers can definitely explore the various exciting possibilities for development (subject to council approval) with your architect and/or builder and discover the substantial potential. Freehold land is one of the most favoured asset classes you can park your money, and best of all you can enjoy the rental return while you are planning your next project.
The existing sun-soaked 3 bedroom weatherboard home with wooden floors sits in a quiet residential cul-de-sac street on the Ellerslie border. There is ample off-street parking and a spacious outdoor area with a large deck which is perfect for entertaining family and friends.
This central location is optimal for commuters due to the close proximity to the Lunn Avenue, Ellerslie Village, Sylvia Park, an extensive public transport system and very easy motorway access with an approximate 15-minute drive to the CBD. Education is taken care of by being zoned to Bailey Road School, Stanhope Road School and One Tree Hill College.
Land of this zoning in Central Auckland is extremely rare and Freehold land is one of the most favoured asset classes you can park your money so act now to avoid missing out on this outstanding opportunity. The Vendors' instruction is clear - to sell on Auction day, so please contact us now for further details.