Auction: at 8-12 The Promenade, Takapuna on Wednesday 1 November 2023 at 10:00AM (unless sold prior)
This is a prime real estate opportunity. Nestled in the heart of Forrest Hill, this property holds incredible potential for developers, investors, and landbankers. Situated on a 645m2 freehold section, it offers a variety of possibilities for those looking to capitalise on the Auckland property market.
The traditional Colonial style home features three bedrooms, a modern kitchen, and a spacious living room. With a flat section, it provides a perfect starting point for a redevelopment project. Resource Consent has already been secured with EPA and BC approved to build a total of five terrace houses. Four lots are designed as three-bedroom homes with study, three and a half bathrooms, and a single garage. The fifth lot offers a three-bedroom layout with a study and two and a half bathrooms and single garage.
Additionally, zoned for residential mixed housing urban, it provides flexibility in design and potential for a variety of residential configurations making it an ideal choice for savvy investors and developers seeking to meet the ever-growing demand for quality housing in Auckland.
Centrally located with local shopping centres, stunning beaches, parks and sports facilities all close by. Good access to public transport and motorway on ramps, and zoned for highly desirable dual Westlake Zone, TNIS, Campbells Bay and Forrest Hill Primary Schools. Don't miss out on this outstanding opportunity to capitalise on one of the North Shore's most popular suburbs. Call me to register your interest and for viewing times.