Property listing ID: 931143
Where Location Meets Limitless Potential. Positioned in the heart of the highly sought-after Sunnynook area, 15 Wylie Avenue presents a golden opportunity for developers, land bankers, and savvy investors. This is a property that offers both the prestige of a prime North Shore address and the concrete infrastructure required for a successful development project. Key Investment Highlights: • Development-Friendly Infrastructure: Save on costs and time with wastewater services already on-site (within the property boundary) and stormwater services close at hand. This significantly simplifies the subdivision process. • Prime Elevated Land: Boasting a generous 675sqm (approx.) freehold section, the land features a gentle upward slope. This provides excellent natural drainage and the potential for elevated views in any future multi-unit development. • Mixed Housing Suburban Zone: Explore the vast possibilities for high-density living, whether you are planning luxury townhouses or standalone family homes (subject to Council approval). • High-Yield Holding Income: The existing 3-bedroom residence is an exceptionally easy-to-rent asset, ensuring high demand and lucrative returns. This provides a strong cash flow while you secure your Resource Consent (RC) and building plans. Unbeatable Location and Lifestyle: • The "Golden" School Zones: In-zone for the prestigious Westlake Boys' and Girls' High Schools, as well as Sunnynook School and Wairau Intermediate. High-quality education is the ultimate guarantee for future resale value. • Commuter's Paradise: A short stroll to the Sunnynook Bus Station (Northern Busway) makes city commuting a breeze. Quick and easy access to State Highway 1 connects you to the CBD in minutes. • Everyday Convenience: Walking distance to Sunnynook Park, Woolworths Supermarket, and the Link Drive shopping precinct. The vibrant cafes and beaches of Milford and Takapuna are just a short drive away. Why 15 Wylie Avenue is a Must-Buy: In today’s market, finding a site that combines premium school zones with superior infrastructure (services on-site) is increasingly rare. This property hits the "sweet spot" of investment—offering high rentability from the existing home and massive capital gains through future development. Developers and astute investors: opportunities of this caliber in the Westlake zone sell fast. Secure your next project today!
Listed by Barfoot & Thompson , Damon Li (Torbay) , Yang Lin (Torbay)