133,137,137A Luke Street East

Otahuhu Auckland

3539 m²

House

Currently for sale - view listing

Overview

Rare Investment or Development Opportunity

Opportunities like this don't come often, comprising of just over 3500sqm approx the potential to invest, develop or build is endless for the astute buyer. In an unbeatable location bordering the Tamaki Estuary nearby the Otahuhu township, 5 minutes away from Sylvia Park and with close accessibility to the CBD through the southern motorway which is only 100m away, what more could you want? With the added bonus of a dual access driveway and views over the Tamaki Estuary if you choose to develop this really is the complete package in Otahuhu. The land package encompasses 3 seperate titles with two dwellings; 137: Brick and Tile Bungalow with an existing tenancy 133: Weatherboard 4 Bedroom home with an existing tenancy. 133A: No Dwellings The tenants are happy to stay while you investigate, plan and secure resource consent to develop the property, or to provide the income needed whilst the land appreciates. Surrounded by booming developments and in located the hub of an ever-growing area make sure you are the next custodian of this prime land opportunity, it is not to be missed. Land Holding - Development Potential, 3500sqm (approx) Mixed Housing Suburban which is prime for subdivision, an opportunity to build 14-16 dwellings depending on council approval. Location - Tamaki Estuary, CBD via southern motorway, Otahuhu Township Position - Flat, North Easterly Facing with outlook over the Tamaki Estuary. Education: Fairburn Primary, Otahuhu College $4,800,000 Viewing By Appointment - Contact Julian on 021 624 405

Features

6 bedrooms

2 bathrooms

3539 m² lot size

House

Happy sellers in Otahuhu

84%

84% of sellers in Otahuhu reported that their sale price either exceeded or met their price expectations.

Otahuhu stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 59 reviews in Otahuhu over the last 12 months.

Local market activity for 6 bedroom houses in Otahuhu

In the last 12 months, 7 six-bedroom houses similar to 133,137,137A Luke Street East, have been sold.

This represents a 250% decrease in six-bedroom houses sales when compared to the previous 12 months.

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