480 Ellerslie-Panmure Highway, Mount Wellington, Auckland

Under Offer

480 Ellerslie-Panmure Highway, Mount Wellington, Auckland

$1,800,000

163 m²

1308 m²

House

•

30+ days on the market

What's around 480 Ellerslie-Panmure Highway

1308m2 - Urban Zone

Positioning is key for your next development and this desirable 1308m2 site is advantageously convenient with good depth in the buyer pool for sales of new townhouses! Zoned Mixed Housing Urban allowing for intensive three-story development and literally a 6 minute walk to Panmure train station! The location is hard to fault: Panmure Basin, sports centre and fitness trails are all within easy walking distance, while motorway access north and south and key arterial routes east ensure seamless connectivity. Sylvia Park shopping centre, with a multitude of dining and entertainment options are literally minutes away including Lunn Ave shops, Ellerslie village and all the eastern suburb beaches are only a 15 minute drive. Our out-of-town vendor is finally letting go of this tightly held family land parcel. All developer terms will be given consideration including longer settlement periods. For the investors or land bankers with an astute eye for value, a long term tenant paying $750 per week would like to stay on at the 3 bed 2 bath 2 living room property. Speak to your architect, do your initial bulk and location, work out the profit then make an offer. Lets work together to get this property SOLD! Please note some websites quote the land size as 1198m2 but on sale is 1308m2 (a historical designation has been reversed for 110m2) Viewings are strictly by appointment, please call or email for property information or to arrange a site visit.