Terrace House & Apartment Building Zone The 'Ten Year Northcote Redevelopment Project' is underway and with its central location and easy connections to Auckland CBD, local shopping centres, schools and AUT, the potential for this site is well worth exploring. An upgrade of streets, renovation of Northcote's parks and a new pathway for locals to walk or cycle around Northcote is underway plus an upgrade of the town centre.
The current property is a home and income comprising of 2 x 3 bedroom flats. A recent renovation means you will generate an excellent rental income while you consider your options - rent out and land bank for future, reside in one and rent the other or look into the development potential on offer. Sitting on a 812m2 site and falling under "Residential - Terrace Housing and Apartment Building Zone" it opens up a fantastic opportunity for astute purchasers to maximise their investment. With the rejuvenation of this area, properties such as this will become harder to find, so be quick to grab this opportunity.