BUYERS PRICE GUIDE - low $2m range ono

Property listing ID: 858076

Bedrooms
3
Bathrooms
1
Garage
3
Covered parks
3
Land area
1.757ha
Price / method
Sold April 2024 for $2,400,000

MAJOR GROWTH OPPORTUNITY - FUTURE DEVELOPMENT Our vendors are looking for the immediate sale of this 1.75 hectare / 4.39 acre property which is zoned future urban under the Auckland Unitary Plan. While many properties in the area have been earmarked for removal this property remains mostly Future Urban. "The site has an extensive 330m (approx.) road frontage located approximately 37 kilometres south of Auckland's city centre. The Drury-Opaheke Structure Plan 2019 is estimated to provide 22,000 houses and 12,000 jobs with a population of 60,000. There are also 3 operative private plan changes in the Drury area that propose to accommodate 19,000 new residents, approximately 7000 new dwellings, supporting 5000 - 6000 additional jobs and creating Auckland's newest metropolitan centre. There is a 157 square metre 3 bedroom and study home on flat to gently contoured topography which is estimated to currently attract a rental of $780 - $850. The house has insulated walls and ceiling. The modern kitchen adjoins the open plan air-conditioned dining room and living where a sliding door leads onto the expansive northern deck with tranquil views. Adjacent to the dining is a separate lounge that can be closed off when needed also with access to a southern deck. Outdoors there is a 6 x 9m garage, 10 x 12m shed comprising a stable, storage rooms and mezzanine. There are 6 post and rail fenced paddocks plus a dis-used arena and 2 x water tanks. A renovator to make your own - a rental proposition to financially reward you while your investment continues to grow? Options abound coupled with proposed changes offering such high future growth, this immaculate property presents myriad prospects to the purchaser with foresight and the ability to capitalize on opportunity. * 1.75 ha.property. 330m (approx.) road frontage * Future Urban zoning. Great rental & growth investment * 157m2 home. Wall & ceiling insulation * Kitchen + generous cabinetry, stainless steel appliances. Breakfast bar * Adjoining air-conditioned dining room + sitting room * Separate lounge/sliding outdoors to expansive timber deck * Large wrap around al fresco leisure. Lawn for kids & pets * 3 bedrooms. Bathroom + bath & separate shower. Laundry * Garage sleepout. 10mx12m shed, 2 rooms/storage/stable * Post & rail fencing. 6 paddocks. 2 x water tanks * Close to Drury & Opaheke schools, Drury Town Centre

Listed by Barfoot & Thompson , Scott McElhinney (Pukekohe) , Johnson Chang (Meadowbank)