This premium development site in highly sought after Kohimarama is bursting with potential and demands your immediate attention!
Originally built in the 1950s and located on an 814m2 section you'll quickly appreciate the unique opportunity presented.
This prestigious site containing two dwellings is zoned Mixed Housing Suburban and is only a short walk to Madills Farm and Kohimarama Beach.
This is an inspiring prospect for developers looking to build in a highly sought-after location, investors looking to enjoy a handsome income from two dwellings, or those looking to house a large family. Stormwater access is available through the neighbouring property at 104 Grampian Road, making it a prime development opportunity.
The current rental return is around $2000 per week with potential for tenancy to stay in place once sold.
Zoned for St Thomas's School, St Ignatius School, and Selwyn College and within moments to a selection of award-winning eateries, along with the soft sands of the Eastern Bays foreshore, this opportunity is guaranteed to delight with its wealth of potential and promise.
Worth your immediate exploration around the options presented here, you must be quick to act and secure.
Call Matt Gibson on 027 629 6001 to arrange your viewing.
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