Potential Income & Development Opportunity

Property listing ID: 933707

Bedrooms
5
Bathrooms
2
Covered parks
4
Off-street parking
4
Land area
657m²
Price / method
Auction Wednesday 27 th May 2026 (unless sold prior)

657m² (more or less) Mixed Housing Urban Zone with Services Onsite Positioned on an elevated freehold site in the heart of Totara Vale. This potential home and income property with separate electricity and water meters presents a “value-add” opportunity for investors, developers, builders or savvy homeowners seeking strong returns and future upside. Offering a total of 5 bedrooms and 2 bathrooms. Upstairs features 3 well-proportioned bedrooms, 1 bathroom, and a spacious lounge that flows seamlessly onto a generous deck—perfect for relaxing or entertaining while enjoying the elevated outlook and neighbourhood views. Downstairs granny flat provides 2 bedrooms, 1 bathroom, and a large open-plan kitchen and living area which offers the chance to add-value for the extended family or potential income. Set on a 657m² (more or less) elevated freehold site under Mixed Housing Urban zoning, this property offers exciting possibilities—whether you choose to renovate, landbank, or explore redevelopment options to maximise returns. Additional highlights include: • Ample Off-street parking • Elevated position with attractive outlook • Walking distance to local shops, schools, and reserves, with the added convenience of a café, dairy, and liquor store just two doors away • Stormwater and wastewater connections onsite for future development (subject to council approval). Conveniently located near Wairau Valley and Constellation Drive, with easy access to public transport and key amenities, this central address ensures strong tenant appeal and long-term growth potential. Whether you're looking to add value, increase yield, or the next major transformation to create your dream project, this property is packed with opportunity.

Listed by Barfoot & Thompson , James Huang (Takapuna) , Esther Voon (Takapuna)