This strategically located site offers versatile development options:
• 10 spacious 2-bedroom units with parking (75-80 sqm), or
• 12 modern 3-story townhouses (including 8 with 4 bedrooms, and 4 with 3 bedrooms)
UNITARY PLAN ZONE: RESIDENTIAL - THAB
Currently, the site features two existing homes generating 2 rental incomes:
• $700-$750 per week for the 3-bed, 2-bath home, and
• $650-$700 per week for 3-bed, 1-bath home
Totalling approximately $1,350-$1,450 per week-providing immediate cash flow while planning progresses.
This is a rare opportunity for developers to create high-density, sought-after housing in a prime location. Whether you're looking to capitalize on current income or unlock future growth, this site offers incredible potential.
This site offers exceptional convenience, being close to transport links, shops, and schools-perfect for those who prioritize accessibility. Located in the vibrant New Lynn community, you'll enjoy a range of amenities, recreational opportunities, and a short drive to LynnMall Shopping Centre, cinemas, restaurants, and retail outlets. The excellent location combines practicality with a lively, convenient lifestyle.
Act now-don't miss your chance to secure a property ready for your next project in a thriving area!
• Concept Plan available for developers to fastrack to RC, BC, EPA process.
We are always happy to work with other agents and welcome conjunctional sales, so bring your buyers!
Contact Ian 021 159 2078 TODAY for more information!
