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37 Torino Street

Point England Auckland

3
1
2
89 m²
731 m²
House
Currently for sale - view listing

Overview

RC with old contribution cost - PRICE REDUCED!

If you've been looking at sites in Point England, Glen Innes, or Panmure, you'll know that development contribution costs have recently skyrocketed. Here is your golden ticket: an exceptional 731sqm (more or less) development opportunity with Resource Consent already approved for five standalone dwellings, locked in under the old, lower contribution costs! Avoid the new, hefty council fees and maximize your project's profit margins from day one. Zoned for density and perfectly positioned alongside Boundary West Reserve, this site offers excellent street frontage, depth, and a highly desirable outlook. It's an unbeatable proposition for developers, investors, and strategic land-bankers alike. Key Features: Massive Cost Savings: RC approved under the old development contribution scheme-no massive fee increases to worry about! Ready to Go: Resource Consent approved for 5 standalone dwellings. Holding Income: The front dwelling has been tastefully renovated, providing a solid rental income stream while you finalize your project plans. Bonus Space: A freestanding double garage with a rumpus room to the rear offers fantastic utility and flexibility. Prime Location: Situated in a high-growth pocket just minutes from Panmure township, public transport, main arterial routes, Glen Innes, and Sylvia Park. Approximately 12km from the Auckland CBD. Whether you're ready to break ground immediately or looking to land-bank a site with guaranteed upside and reduced holding costs, opportunities with consent in place and pre-hike fees are incredibly rare. Flexible settlement is available. Do your numbers, this one makes perfect sense. Get in touch today before another developer snaps it up! Disclaimer - All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
89 m² floor area
731 m² lot size
House

Property history for 37 Torino Street

2021
Sold
$1,218,000
10 Mar 2021 by Steven Liang, of Ray White Manukau(A T Realty Ltd)

Happy sellers in Point England

72%
72% of sellers in Point England reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 14 reviews in Point England over the last 12 months.

Local market activity for 3 bedroom houses in Point England

In the last 12 months, 9 three-bedroom houses similar to 37 Torino Street, have been sold.

This represents a 30% increase in three-bedroom houses sales when compared to the previous 12 months.

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