Develop or Landbank - the choice is yours!

Property listing ID: 817860

Bedrooms
7
Bathrooms
5
Garage
1
Covered parks
7
Off-street parking
6
Land area
825m²
Price / method
Sold October 2021 for $1,710,000

· Vendor offers extended settlement date options · Accessible on-site underground services (as per the GEO maps) · Corner site for a better building design and dual street frontage · Current annual rental income approximately $70,000 This is an incredible opportunity to secure a corner site of 825 sqm (more or less) is truly a unique slice of Manukau real estate gold. This property has a current annual rental income of approximately $70,000 an ideal holding income if your plans are to develop in the near future. The property is as solid as they come and offers a five bedroom main house with three bathrooms including two en-suits, separate living, and modern kitchen; two bedrooms flat on the ground level with an open plan kitchen/dining, two double bedrooms and a family bathroom. There is also a studio on the same level. Well positioned with road frontage, and accessible on-site underground services gives potential to develop this site with options (subject to council approval). Whatever your property goals are, this is an absolute winner. Outstanding location in an area is always popular, this property is handy to all amenities, including medical centres, and supermarkets. Easy access to public transport and motorways, a short drive to Auckland CBD and Airport. One thing is sure, this property is an outstanding opportunity for property developers. Call agent now for further details.

Listed by Barfoot & Thompson , Babu George (Otahuhu)