944m2 of 'Residential Mixed Housing Suburban' - a zoning designed to facilitate intensification across a spread of activities spanning, residential, community, and commercial. Located at the intersection of Paerata Road (Auckland Transport 2012 Average Daily Transport count of 14,253 vehicle movements), Edinburgh Street, Seddon Street and Reynolds Road and within 400 metres of the Foodstuff's new Supermarket Development.
The present development is a sturdy 1940's Brick home providing 3 bedrooms, lounge, kitchen dining and bathroom with freestanding garaging for 3 cars. An offset for holding costs for the near-term developer or the long-term investor.
Having two road frontages and a strong location this is indeed a rare opportunity.