Legal home and income on 1012m2 full site at the border of Albany & Northcross. Zone for Terrace Housing and Apartment Buildings - an exciting opportunity for land bankers or developers!
• Solidly built with cedar, block and concrete roof, with 3 bedrooms upstairs and 1 bedroom flat downstairs - two separate power & water meters. • Elevated 1012m2 flat land with sea view in a prime location - near the junction of Oteha Valley Rd and East Coast Rd. • Zoned in top decile school (Oteha valley Primary, Northcross Intermedia, etc) and walking distance to cafes, vege shops and Shorecare Medical centre. • Multiple options for developers or investors: - Long term land bank with excellent cash flow (current rental income is near $1000/wk) and subdivide the rear site. - Apartment development with up to 16m height (4-5 levels)and 50% site coverage. - Terrace housing, free-standing townhouse, etc. • Resource consent just issued and building consent application has been lodged (6 terraced houses) for the adjacent property - 952 East Coast Rd (1012m2). A great opportunity is offered by the kind neighbour to work together in terms of the plan, design and drainage of this project if you wish!
Call me now for a private viewing and the information package is available - including Lim report, Council approved subdivision resource consent and concept house plan (952 East Coast Rd), rental appraisal and title, etc.
Title(s), Resource Consent, LIM - Land Information Memorandum, Rental Appraisal
Auction at Bruce Mason Centre, Takapuna on Thursday 21st November at 1:00pm (unless sold prior)Auction at Bruce Mason Centre, Takapuna on Thursday 21st November at 1:00pm (unless sold prior)21/11/2019 01:00:00 PM21/11/2019 01:00:00 PMBruce Mason Centre, TakapunaAuction for 954 East Coast Road, Albany, North Shore City starting at 01:00 p.m.
Auction running at at Bruce Mason Centre, Takapuna. Starting at 01:00 p.m.. For the property located at 954 East Coast Road, Albany North Shore City. Hosted by Barfoot & ThompsonPacific/AucklandDD/MM/YYYY
Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education