SoldApr 8, 2024

19 Drake Street, Howick, Auckland

Amount undisclosed

1209 m²

Other

•

30+ days on the market

Sold: Apr 8, 2024

What's around 19 Drake Street

Investors - Builders here is your chance

UNDER CONTRACT Investors - Builders here is your chance Absentee owner clearing the decks and reluctantly offers this property for sale. Situated within a short walk to Howick village this 1,209m2 section is perfectly positioned for loads of sun, transport and community living. Resource consent is in place to construct 9 unique One bedroom self contained Studio's ranging from 37m2 to 41m2 with one car park. Vaulted ceiling gives a feeling of space and these will feel deceptively bigger than they are. The existing home will need to be demolished and removed, once a building consent is issued, these should not take long to construct. Product Design: This development was designed to be held in perpetuity for rental income later in life, or something solid for your children, hmmmmm. Rental per studio is estimated between $450.00 and $500.00 per week. Clever design materials means reduced maintenance costs long term and effective build costs today. Vendor is open to discuss terms. The property is for sale by Tender and this closes ..... at 4.00pm Friday March 29th (unless sold prior) Plans and details available to interested purchasers by emailing roger.sumich@raywhite.com

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Seller's review

over 2 years ago

Professionalism in motion

This was the first time I have used Roger to sell a property for me. Roger had introduced me to properties I had bought in the past. Anyone can sell a property in boom times but it takes skill to achieve a great result in the slower times. Roger managed a well planned advertising campaign and keep all the interested parties engaged until tenders closed. I was kept updated and informed of the different buyers and their needs at all times. Thanks Roger it was a pleasure.

M
Mark Dent
Seller
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