2985m² (mol) - WHAT DEVELOPER'S DREAMS ARE MADE OF!
When it comes to buying a prime development site with unlimited potential in such a great location, you can't really go wrong with this one! Undeniably a developer's dream, the rare 2985m² (more or less) combined freehold, flat section with all the hardwork completed including CCTV drainage for stormwater, and is ready for buyers to apply subdivision.
35 Matipo Rd - a solid single level weatherboard three bedroom home with 140sqm floor area. 1338sqm zoned mixed housing urban. Two bathrooms, modern kitchen, and bathrooms. This property also boasts a three-car garaging with extra storage space.
3 Renata Cres - single level weatherboard three bedrooms with 110sqm floor area on freehold 1647sqm flat land, mixed housing suburban. Also included is a double garage with ample parking in front.
Wonderfully tucked away from the main road with a very wide combined driveway with easy connection for storm and wastewater, helping along any development plans:
Option1- Maximise the potential of the large parcel of land by building or subdividing (subject to Council approval and permits). There's concept plan for 28 units (2 level 2 bedrooms) available on request.
Option2 - If developing is not in the immediate future, the existing homes - each boasting their own freehold title - will impress extended family living or add to your rental portfolio.
Absolutely ideal location in the Matipo School and Rutherford College Zone, close to parks, shops and Taipari Strand. The Peninsula has a relaxed, village lifestyle atmosphere, with stunning views from walkways that meander along its edges. This vibrant community has its own library and Community Centre and the village includes cafes, restaurants and a supermarket. 15 minutes to CBD via SH16, or 25 minutes to Central North shore via SH18.
This property is a dream project for discerning buyers, properties with this amount of land area are now rarely on the market. Jump at this opportunity for a great development project, or add both dwellings to your property portfolio, and rent while land banking.