Nestled in the heart of Northcote, 114 Lake Road offers an exceptional blend of investment and development opportunities. This property spans a 411m² freehold site with long-standing council approval for a dental clinic since 1983. Zoned for Residential - Terrace Housing and Apartment Building Zone, it presents significant future development potential. Its prime location opposite the Town Centre ensures high visibility and easy accessibility.
Prime Location:
Located in a highly desirable central area, 114 Lake Road offers easy access to various amenities and ample onsite parking.
Investment Potential:
With council approval for a dental clinic since 1983, this property offers lucrative investment opportunities with a solid rental return. The zoning for Terrace Housing and Apartment Building Zone indicates promising future development potential.
Low Maintenance:
This brick-and-tile property allows investors to benefit from a low-maintenance asset, minimizing the hassle of extensive upkeep.
Outdoor Delight:
The freehold section's proximity to parks and reserves enhances the property's appeal, providing ample opportunities for leisure and recreation.
Transportation:
Situated opposite a public transport hub and with quick access to major routes, including the Northern Motorway, the property facilitates convenient travel.
Business Hub:
Proximity to Northcote Shopping Centre, Takapuna Smales Business Park, and AUT meets professional needs efficiently.
Discover the perfect blend of investment opportunity and development potential, whether you're seeking a solid investment property or looking to landbank for the future, this property offers unparalleled opportunities in a prime location. Contact us today for more information or to schedule a viewing.
