Property listing ID: 911282
Secure this perfect development site in Karaka - 4.399ha (more or less) to be sold together with a beautiful 7 bedroom house. This 4.399ha property, situated in a Special Housing Area under the Proposed Unitary Plan, presents an excellent investment opportunity in a popular and rapidly expanding area. Under multiple zones Mixing housing suburban and Mixed Housing Urban it can be built into separate houses plus a large super lot which can be built with 48 apartments (subject to council's approval), a good opportunity for the finest residential estates in Karaka. Karaka has significant opportunities for residential growth. It is a focal point for future employment, business activity, social facilities and services, all of which will definitely cause a further shortage of real estate. The low residential section stock in the area is driving prices up, especially for those that are quiet and scenic. It only takes a short time to motorway access and about a 30 minutes drive to the CBD of Auckland. Phone us today to receive more information.
Listed by Barfoot & Thompson , Charlie Xuan (Howick) , James Gao (Howick)