Property listing ID: 829446
Cash buyers, investors, land bankers, premium land buyers take note! This is an opportunity to buy very well now, develop immediately, or land bank for the future. Due to the current owners not securing their final CCC from the council for the extension, there is a huge opportunity to purchase for LAND VALUE plus a few years rent! • 822m2 (more or less) of Mixed Housing Suburban land. • North facing, sunny and elevated with beautiful sea views. • Original 1970's block and brick underneath with solid plaster over-clad. Building Consent was issued for the solid plaster over-clad, but no final inspection CCC was issued. • Just an 8 minute walk or 2 minute drive to Rothesay Bay Beach, and a 10 minute drive to the Oteha motorway interchange. • Zoned for Browns Bay School, Murrays Bay and Northcross Intermediates, and Rangitoto College. • 4 bedroom, 2 bathroom home with 2 bedroom downstairs flat with its own entrance and 1 bedroom original cottage at the back. • Double internal access garage, heaps of storage and off street parking for 4+ cars. This could be 2022s best buy! Additional information: CV $1,515,000 as at 2021 (Land $1,430,000 Imp $85,000), 822sqm (more or less) Mixed Housing Suburban land, 280m2 of floor area (according to council records, not independently verified), Building Consent issued but no CCC was obtained for over-clad in the 1990's, solid plaster cladding system over block and brick original home. ** OPEN HOMES ** OPEN HOMES AT THIS PROPERTY ARE OPEN TO ALL VISITORS PROVIDING THAT ATTENDEES WEAR A MASK AND ALLOW FOR 1 METRE SOCIAL DISTANCING.
Listed by Barfoot & Thompson , Bob Voss (Browns Bay) , Becky Zhu (Browns Bay)