1 Westland Road

Tuakau Waikato

1268 m²

House

Currently for sale - view listing

Overview

Holding Dual Income with RC Approval

A rare opportunity with multiple income streams and exciting future potential, this substantial 1,268sqm (mol) FREEHOLD site offers versatility for investors, developers, or land bankers looking to secure a strategic piece of Tuakau real estate. Property features include: • Approved Resource Consent for three new dwellings while keeping the front one giving you total of four dwellings on freehold title • Dwelling 1 - Three bedroom, one-bathroom home with separate laundry, ready for your personal touch • Dwelling 2 - Offering a standalone one bedroom and bathroom house with rear yard • Healthy Homes compliant with certificates available • Heat pumps and insulation in each dwelling Ability to provide a rental stream of approx $1,000 per week from two units, generating $52,000 gross per annum. With water and wastewater access on site and zoning that opens the door to future development possibilities (subject to council approval). Whether you are looking for strong holding income, future development upside, or a smart long-term investment, this is an opportunity that deserves serious attention. Positioned for convenience with easy access to both Auckland and Hamilton, Tuakau continues to grow in popularity with buyers and investors seeking affordability, lifestyle, and future growth potential. Opportunities offering immediate income and future flexibility like this are becoming increasingly hard to find in Tuakau.