Solid Investment with Huge Future Upside

Property listing ID: 908608

Bedrooms
6
Bathrooms
3
Garage
2
Carport
2
Covered parks
10
Off-street parking
6
Land area
974m²
Price / method
Sold June 2025 for $1,673,000

First Time on the Market in 25 Years! 3 x 2-Bedroom Units on 974m² – Residential Mixed Urban Zoning! Motivated out of town vendor! An exceptional opportunity has just hit the market for the first time in 25 years. Whether you're an astute investor, developer, or planning your ideal retirement strategy, this rare offering is one you won’t want to miss. Positioned in a peaceful cul-de-sac, this flat 974m² site features three solid brick and tile 2-bedroom units, each with its own water and power meter—all on one freehold title. With Residential Mixed Urban zoning now in place, the door is wide open for future intensification or redevelopment (subject to council approval). Property Highlights: • Zoning Advantage: Zoned Residential – Mixed Urban, allowing for medium-density development. Maximize your returns with the potential for future multi-unit housing or redevelopment. • Prime Location: Moments from Pakuranga Town Centre, top local schools, parks, and major transport links including direct routes to Auckland CBD, South Auckland, and the Airport. • Investment-Ready: Two units are tenanted by long-term, easy-care occupants. • Added Value Potential: Take advantage of major infrastructure upgrades in the area and growing demand for well-located, high-density housing. Explore the feasibility of further development or additional dwellings on site. • Practical Features: Wide driveway access, six dedicated carparks, and a standalone double garage structure. • Peace & Privacy: Set in a quiet, established neighborhood with a strong community feel Opportunities like this are few and far between in Pakuranga—especially with this zoning and land size. Act now to secure a strategic investment with exceptional long-term potential. Contact us today to arrange a private viewing – your future starts here!

Listed by Barfoot & Thompson , Mark Peterson (St Heliers) , Lynette Boyd (St Heliers)