Resource consent has been granted for an 8 lot subdivision on this prime Oratia Real Estate, just a short stroll from the Oratia primary school, it is countryside living on the absolute city fringe. With three tenanted properties there is a secure income stream to support you whilst you get your development plans together and action the approved consents. With three solid properties already in place you have multiple opportunities for potential future sales. House 1 - is a large 4 bedroom brick and tile stylish home offering lots of open plan living space for the extended family. The house is nestled in a proposed 1525 sqm section (Lot 2) with lots of off-street parking set at the end of a long private driveway. The current house is returning an income of $600pw. House 1a - Attached to the main house (via car port) is a fully self-contained 2 bedroom unit which is spacious and offers the perfect living space for parents or some extra income (also placed on proprosed Lot 2). Currently returning a rental income of $350pw. House 2 - is a cute and cosy 2 bedroom brick and tile dwelling with single garage. Nestled at the top of the section in its own proposed 765 sqm (Lot 8), this house also returns an income of $385pw and offers a stand-alone property that requires little work for resale at a later stage. Additionally, proposed Lot 1 contains a large Brick and tile triple garage with a flat building site adjacent. Opportunities like this are rare in Auckland especially in such a prime Oratia Location, the grounds are a mixture of park like green spaces and established trees, the final product will look amazing. With the potential to sell the sections or develop 5 new executive style houses this is a huge opportunity for the right investor/developer. Viewing strictly by appointment only.