Positioned in the heart of Otara Central, this standard-setting 663sqm; freehold parcel presents a rare, low-risk opportunity for astute developers, land bankers, and savvy investors. Zoned under the Auckland Unitary Plan as Terrace Housing and Apartment Building Zone, Resource Consent is available.
Key Property Features:
Approved Resource Consent: Ready-to-go consent to construct 5 new residential dwellings across 2 buildings, complete with subsequent fee simple subdivision around the approved land use.
Land & Zoning: 663sqm; freehold flat section under the high-density Terrace Housing and Apartment Building Zone.
Existing Residence: Sturdy, low-maintenance weatherboard home with a tile roof featuring 3 spacious bedrooms, 1 bathroom, and open-plan living.
Indoor-Outdoor Living: Seamless flow from living spaces to a fully fenced, safe garden area ideal for kids and pets.
Immediate Income Stream: Currently tenanted, providing holding income while you finalize build plans or prepare to break ground.
Unbeatable Central Location:
Connectivity: Walking distance to public transport options, local primary/secondary schools, and neighborhood amenities.
Shopping & Lifestyle: Minutes to both the vibrant Otara Town Centre (Otara Shopping Village) and neighboring Papatoetoe township.
Essential Services & Commute: Easy access to motorways (SH1 & SH20) and a quick drive to Middlemore Hospital.
School Zoning: In zone for Tangaroa College.
Whether you plan to build immediately to capitalize on current demand or hold a prime asset generating steady rental income, 32 Ashton Avenue is a strategic addition to any portfolio.
Contact us today to request the Resource Consent documents, property file, or to arrange a private viewing.
