SoldFeb 12, 2021

399 Lake Road, Takapuna, Auckland

Amount undisclosed

4
2
2
832 m²

House

•

Sold: Feb 12, 2021

What's around 399 Lake Road

Must Be Sold - Bungalow on 832m2 Development Site

Auction: on site on Saturday 13 February 2021 at 3:00PM (unless sold prior) Opportunity abounds for this prime 832m² centrally located redevelopment site that is just a short 2-minute walk to fabulous Takapuna Beach and just a short level stroll to the shops, restaurants, bars and cafes of Takapuna's vibrant commercial hub. Zoned Mixed Housing Urban under the Unitary Plan, there are a myriad of possibilities available to astute investors both now and in the future as detailed in the available town planning feasibility study. In short, there are three options: detached dwellings, terraced housing and low-rise apartments. One possibility subject to resource consent is for a development of 8 three storied terraced houses with a building height of some 11 metres affording various upper level views from Rangitoto and the Hauraki Gulf to aspects of the CBD. However, beyond the robust road frontage stone wall with twin entrances and auto gates, is a well-maintained character filled 1930's 3/4-bedroom weatherboard bungalow featuring kauri flooring, gas central heating, fibrous plaster ceilings, 2 living rooms and 2 separate bathrooms. Fully fenced, there is off street parking for up to 5 vehicles plus a sizeable single garage and adjoining carport. This home would make a very comfortable family residence whilst the new owners explore the many options available or just sit back and enjoy the location whilst their investment in land grows in value. For families, there are excellent local schools which include Westlake Girls, Hauraki Primary and Takapuna Grammar whilst the City is only a 10-minute commute either by car or public transport via the Northern Motorway situated nearby. With there being an insatiable demand for residential housing in Takapuna, this has to be a fantastic opportunity for perceptive developers and those with an eye for investment. Call now for a private viewing or come to one of the advertised open homes.

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