(Unless Sold Prior)
Contact Agent for private viewing times.
Attention: Investors, Developers, Builders and Landbankers - Huge opportunity!
On offer here are two 1970's freestanding houses on separate unit titles, but this isn't about the houses at all. The real opportunity here lies in the land, 1335m² of prime Castor Bay land with superb views to the Hauraki Gulf and Rangitoto Island gives you an amazing development opportunity.
Being zoned as Mixed Housing Suburban zone and c.22m wide x c.60m long(**) the unitary plan gives many options for development. We have an initial feasibility report indicating that the property could be developed into 4, or up to 10 homes, dependant on size and style. Naturally the opportunity for higher density townhouses exists (***).
For those looking to landbank and reduce holding costs during the Resource Consent and Building Consent phase, the current houses are:
Front House 43 Eastcliffe Rd: 5 bedrooms, 3 bathrooms 225m² home, with double garaging and two off street parking.
Rear House 43A Eastcliffe Rd: 4 bedrooms, 3 bathrooms 225m² home, with double garaging and two off street parking (Currently tenanted)
Combined Rental appraisal- $1750 per week
Development sites this large in this location are rare, don't let this opportunity go by!
Auction: In rooms, 128 Hurstmere Road, Takapuna at 6.00pm May 28th 2020
**GIS viewer measurements to be used for an indication only, please consult and engage a land surveyor for accurate measurements.
*** We recommend that you engage a Town Planner to confirm what you would like to develop.
To download the property files, please visit https://www.harcourtsfiles.co.nz/listings/X7P2
ThursdayThu 28th May 202028th May 6:00 PM18:00 (128 Hurstmere Road, Takapuna)
|Construction||Block, Brick and Cedar|
|Kitchen||Standard, Dishwasher, Rangehood and Pantry|
|Locality||Close to transport, Close To Coastal / Beach, Close to shops, Close to schools|