Here is once in a blue moon opportunity. Packed with potential, here are two properties on two separate crosslease titles, zoned under Terrace Housing Apartment Building will appeal to developers, landbankers or project hunters.
The existing properties are 3 bedrooms plus 2 bedrooms, so it's ideal for families or would make an excellent addition to a rental portfolio. The property is situated on a corner site and easy connection to storm and wastewater, helping along any development plans. Total 675sqm flat parcel of land, there are plenty of options for you to consider.
Option 1 - develop and build three or four level walk up apartments/terrace houses.
Option 2 - landbanking while with good source of income from two properties.
Option 3 - perfect for extended or two families living so close to each other.
This offering represents a rare opportunity to acquire such significant holdings in this sought-after growth location. Close to all amenities, walking distance to One Tree Hill and zoned for Royal Oak Primary School, Royal Oak Intermediate and Onehunga High School.
Call now to view before you miss out!
