Discover an outstanding opportunity in the heart of Glenfield, ideally positioned on the main road within one of the North Shore's highly sought-after locations.
Whether you're looking to landbank, invest or develop, this substantial 865m² freehold site, zoned Terrace Housing and Apartment Buildings (THAB), offers exciting potential for astute buyers.
The existing property features 4 bedrooms, 1 bathroom, 2 toilets and garaging, providing immediate holding income while you explore the development possibilities.
A preliminary proposal indicates the potential to develop up to six terrace homes, subject to Council approval, with sewer and stormwater connections available on the site. Private stormwater infrastructure has already been installed, including a new stormwater manhole and associated pipes, supporting stormwater documentation is available. The vendor has submitted an application to Council for EPA approval, which is expected to be granted prior to settlement.
Please note that the private stormwater line should be shown on the Council's GIS maps once the EPA approval has been granted and the relevant records have been updated before settlement.
This creates an exciting opportunity to unlock the underlying land value and maximise the site's development potential.
Beyond its development prospects, the location offers excellent lifestyle convenience. Enjoy easy access to Glenfield Shopping Centre, a wide selection of cafés, restaurants and everyday amenities, as well as convenient motorway connections and public transport options.
Opportunities of this scale and zoning are increasingly difficult to secure. Whether you're an experienced developer, savvy investor or landbanker looking for your next project, this property deserves your attention.
Act now and explore the possibilities this exceptional Glenfield site has to offer. Contact us today for further information or to arrange a viewing.
Copy and paste the link below to download the property documents:
https://www.harcourtsfiles.co.nz/listings/U5V4
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