Dual Income + RC-Approved Development Opportunity

Property listing ID: 922210

Bedrooms
5
Bathrooms
2
Covered parks
4
Off-street parking
4
Land area
895m²
Price / method
Sold November 2025 for $1,515,000

An exceptional opportunity in the fast-growing New Windsor area - this elevated, sunny 895m² (more or less) freehold section offers both solid rental returns and approved development potential. Currently configured as a legal Home & Income property, it delivers a total rental income of $1,050 per week (periodic) - providing flexibility and steady cash flow while you prepare your next project. The Resource Consent design, carefully considered and beautifully crafted by renowned architect Allan Shanahan, features a well-balanced mix of form, function, and modern living appeal: • Type 1 (1 unit): 4-bedroom home, 175m², double garage • Type 2 (2 units): 3-bedroom homes, 150m² each, double garage • Type 3 (4 units): 3-bedroom homes, 149m² each, tandem double garage New Windsor shows solid suburb performance, with a median sale price around $1.17M, demonstrating established capital values and ongoing buyer confidence. Ideally positioned for convenience - just 13 minutes to Auckland Airport and around 12 minutes to the CBD (off-peak) - this location is perfect for commuters and travelling families. With significant industrial and logistics developments underway nearby (including the Onehunga and Auckland Airport precincts), the area is experiencing strong employment and infrastructure growth, further supporting future capital appreciation. Close to schools, shops, transport, and motorway access, this is a prime opportunity for developers and investors alike.

Listed by Barfoot & Thompson , Lawrence Yuan (Mission Bay)