This is absolutely a developer & investor's dream! It's really hard to find in today's market! You don't want to let it pass by! What we offer here are two adjacent properties setting on a total of 3126m2 land in Papatoetoe most sought after Golden Circle area.
The location is extremely handy to the town center. Walking distance to Hunter's Plaza, Centennial Pool and Leisure Center. The Omana Park is right next door. Your casual life will become so easy and relaxed. Easy stroll to Motorway ramps and train station. The property is also zoned for Papatoetoe Central, intermediate and high school.
The key bonus is it is zoned Mixed Housing Urban in the Unitary Plan, which means you could have higher density development potential. The building coverage for this zoning is 45%, and building height allowed for up to 11m. Current rental income $87,256 per annum.
The diamond on the crown is now offered for sale. Property in this caliber is really rare to come up with. A chance in a lifetime! For all the details please contact us now for private viewings.