A substantial combined landholding with development potential in a convenient Pakuranga location.
Opportunities to secure a combined 1,265sqm (mol) landholding in the Terrace Housing and Apartment Buildings (THAB) Zone are increasingly hard to overlook. Offered for sale together, 290 and 292 Pakuranga Road present an exciting proposition for developers, investors and land bankers looking to secure a substantial foothold in a well-established Auckland suburb.
With two properties being marketed together, this is an opportunity to explore the potential of a larger landholding in a location offering convenient motorway access and proximity to local amenities. The existing homes provide substantial accommodation, additional living options and extensive parking, offering flexibility while you consider the possibilities ahead.
At 290 Pakuranga Road, the mainly brick and block home sits securely behind an electric gate, with three double bedrooms, generous living areas and a fully tiled bathroom. A downstairs area currently used as a granny-flat features its own access, kitchenette, bathroom, two multi-purpose rooms and laundry facilities, offering additional accommodation options. Two garages, a workshop and ample off-street parking add further practicality.
At 292 Pakuranga Road, the two-level home offers three double bedrooms, a spacious kitchen, open-plan dining and lounge areas, a deck and a heat pump. Downstairs, a double garage, laundry and substantial storage room complement the home's functionality, while the large backyard and generous off-street parking provide further flexibility.
For developers and land bankers, however, the real attraction lies in the combined land area and THAB zoning. The existing homes provide immediate rental potential, while the larger holding offers an opportunity to investigate future development possibilities, subject to council requirements, planning rules and all necessary consents.
Conveniently positioned close to local amenities and major transport routes, this is a compelling opportunity to secure two properties together and explore the potential of a substantial Pakuranga landholding. Call now for more information.
