Future Urban Land Neighboring Matua Rd Development
Properties offering development potential with huge income generation ability rarely come to market come to market and this exceptional opportunity demands immediate attention. This is a dream come true for developers. 37,323m2 of flat land (approx. 9.22 acres) zoned future urban under Auckland unitary plan, located on the Matua Road with a wide road frontage, advantageous for future development. Adjacent to the land is a massive residential development area with a large number of new houses built in the area in last few years. All major council services like waste water and town water supply are nearby.
This single level bungalow home has 3 bedrooms with 2 bathroom and & 2 WC + garage. Next to it is a minor dwelling with 2 bedrooms + 1 bathrooms which can provide additional income while land banking. There are three poultry sheds with around 2,820 square meters. The 7.5 acres of vineyard is rented out for $5,000/y plus GST.
The property is close to the popular Huapai School and the Kumeu/Huapai Township. Approximately 10 minutes drive to Westgate new shopping centre, one of the largest urbanization project in New Zealand. 15 minutes drive to North Shore, and 20 minutes drive to Auckland CBD (Off Peak).