Sold October 2020 for $1,400,000
An offer has been made on this property and it is now selling in a Pre-Auction Auction commencing at 10am on 6th October 2020 at 62 Highbrook Drive, East Tamaki. The opening bid will be the reserve and it will be on the market and selling.
855m² - Mixed Housing Urban Zone
A significant freehold land parcel represents an excellent opportunity for savvy investors, land-bankers and developers alike!
Mixed Housing Urban Zone means a reasonably high-intensity zone. Development is typically up to three storeys (11 metres) in a variety of sizes and forms including terrace homes, low-rise apartments and detached dwellings - all subject to council approval.
What does this property have to offer?
• A 3 bedroom main house + sleep out/office
• Double garage, Plenty of street parking
• Located in the Golden Circle, Just behind the Hunter corner
• Zoned for Papatoetoe Central School, Papatoetoe Intermediate & Papatoetoe High School
This brick and tile home features a spacious separate lounge and combined kitchen as well as three spacious bedrooms and a family bathroom. In addition, this home features a sleep-out/office with kitchenette and living.
The potential of the site is extremely captivating, buyers will see the potential in establishing themselves in a sought-after location. Landlords looking to invest will recognise the growing popularity of the location. Developers will find the large section an attractive investment. Investigate the development opportunities that this parcel of land offers, which gives plenty of capability to explore the potential under the Auckland Unitary Plan, subject to council approval.
Papatoetoe itself is a flourishing, culturally diverse and fast developing area nestled right in the centre of South Auckland and minutes to Manukau City. This property is in a prime position within walking distance to Hunters Plaza, public transport, local schools, parks, pools and many more amenities. Handy to AUT South Campus and Manukau Mall, Middlemore Hospital, the Airport and both motorways.
What more could a developer ask for, discover the potential, and reap the benefits of this prime property! Call today for more information.