This is a rare opportunity in the Central Auckland - Freehold, flat 3217m2 (more or less) site with income.
Zoned within the Terrace House and Apartment zoning.
Recourse Consent has been granted to build a 5-level 80 apartments including car parks. There are 5 adjacent properties to be sold as a package, current rental returns in total approximately $170,000 p.a
Located in a quite cu-de-sac near Jordan Park, close to local schools, Royal Oak & Dressmart Shopping Centres & walking distance to Cornwall Park - handy to public transport & arterial routes to the airport and city. This is a rare opportunity to develop now or land bank for future. Call to make an appointment to view.