Central Location; Landbank or Develop?

Property listing ID: 805408

Bedrooms
3
Bathrooms
1
Garage
1
Covered parks
1
Land area
840m²
Price / method
Sold February 2021 for $1,840,000

Planning for your next project? This is an absolute prime development site. In the heart of the proposed new town centre with 1500 new homes, many parks and greenway, a leafy pathway for locals to walk or cycle around, with its transport hub and easy connections to Auckland CBD, local shopping centres, schools and AUT, the potential for this site is well worth exploring. The current property is a home comprising 3 bedrooms. An upgrade of the property could generate an excellent rental income while you consider your options - rent out and land bank for the future. Sitting on an 840m2 site (approx.) and zone under "Residential - Mixed Housing Urban" it opens up a fantastic opportunity for astute purchasers to maximise their investment. With the rejuvenation of this area, properties such as this are rare, so be quick to grab this opportunity.

Listed by Barfoot & Thompson , Jim Liu (Northcote)