This is the call. A 1,563sqm flat coastal site on Whangaparaoa Road — the kind of land parcel that doesn't trade anymore. Vendor's motivation is real. Price adjusted. First serious buyer takes it.
1,563sqm flat freehold with wide street frontage. Existing 70sqm dwelling — 2 bed, 1 bath, garage — hold, rent, or demolish. Army Bay: tightly held peninsula waterfront strip. Land bank it. Renovate it. Build new. Develop. Add value. Your play.
Land Bankers — coastal sites this size don't exist anymore. Lock it. Wait. Win. Investors — rent the dwelling, hold the land, ride the upside. Do-Uppers — renovate fast, flip or hold, location sells itself. Developers — flat contour, wide frontage, run the subdivision numbers.
Army Bay Beach — walk. Shakespear Park — minutes. Gulf Harbour Marina — around the corner. Ferry to CBD. Whangaparaoa College zone. Peak peninsula.
Vendor has drawn the line. Next credible offer takes it. Hesitation will cost you with this one.
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