Secure this perfect development site in Karaka - 4.399ha (more or less) to be sold together with a beautiful 7 bedroom house.
This 4.399ha property, situated in a Special Housing Area under the Proposed Unitary Plan, presents an excellent investment opportunity in a popular and rapidly expanding area.
Under multiple zones Mixing housing suburban and Mixed Housing Urban it can be built into separate houses plus a large super lot which can be built with 48 apartments (subject to council's approval), a good opportunity for the finest residential estates in Karaka.
Karaka has significant opportunities for residential growth. It is a focal point for future employment, business activity, social facilities and services, all of which will definitely cause a further shortage of real estate. The low residential section stock in the area is driving prices up, especially for those that are quiet and scenic.
It only takes a short time to motorway access and about a 30 minutes drive to the CBD of Auckland. Phone us today to receive more information.
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