A splendid opportunity for DEVELOPERS / INVESTORS/ LAND BANKERS!
The land's perfect shape and easy access to the services make it an ideal option for development. Zoned in the Mixed Housing Suburban zone in the Unitary Plan, this could be your next project (subject to Council approval). The 'icing on the cake' is the APPROVED RESOURCE CONSENT for 5 dwellings.
This elevated freehold site hosts a 1960's weatherboard home with a good sitting tenant (paying $725 pw), an ideal scenario if you are planning to develop after sometime. The condition of the dwelling is fairly tidy and it features 3 double bedrooms, 2 bathrooms (including an ensuite), modern kitchen, expansive decking with good indoor/outdoor flow from the lounge, a double garage and a large basement area.
Here are a few options for you to choose from:
• Apply for BC (with the approved version of RC) and start the project without waiting for too long.
• Landbank now, continue with the current rental income to support the mortgage and start the project when you are ready.
• Go with your own designs to optimize the land's potential in the way you want.
In-zone for Marshall Laing Primary, Blockhouse Bay Intermediate & Lynfield College. The location is quite desirable with easy proximity to bus stops, shopping areas, medical centers, fitness centers, schools, childcare centers and Waterview Tunnel.
Call us to view, explore, do your sums/diligence and get going, this is indeed one of those "not to miss" options!
