Property listing ID: 934070
Positioned in the heart of sought after Pahurehure, this substantial 2,057sqm (more or less) landholding presents an outstanding opportunity for developers, investors and land bankers looking to secure a sizeable parcel of Mixed Housing Urban zoned land in a proven growth location. Whether your vision includes standalone homes, duplexes, terraced housing or a larger scale residential development, the zoning and location combine to create exciting future possibilities, subject to council approval. A major advantage is the existing 230sqm family home, which provides strong holding income while plans are explored. The home offers four bedrooms, open plan kitchen, dining and living spaces, a separate lounge, family bathroom, double garaging and a swimming pool. Currently returning $890 per week, with fantastic tenants who would love to remain, it delivers immediate cash flow and makes this the perfect land banking opportunity. Location is key. Just minutes from Papakura Town Centre, Papakura Train Station and motorway connections, commuting throughout Auckland is simple and convenient. Everyday amenities, shopping, dining and public transport are all within easy reach. Families will appreciate the sought after schooling options, with the property zoned for Papakura Central School, Rosehill Intermediate and Rosehill College, while ACG Strathallan and St Ignatius Catholic School are also nearby. Large development sites in established residential locations are becoming increasingly scarce. Secure the land today, enjoy the holding income, and take your time planning for the future. Opportunities like this are few and far between.
Listed by Barfoot & Thompson , Rick Hale (Pukekohe) , Jack Jeffries (Pukekohe)