Colliers International are proud to present to the market this freehold site of 2,077m² with a favourable zoning of Business – Mixed Use under the Auckland Unitary Plan.
The property currently houses a 3 bedroom dwelling and provides extensive road frontage of approximately 30 metres. The property is currently leased to a residential tenant until November 2019 returning $500 per week, giving a potential developer some holding income while they plan their development of the site. Alternatively the property may appeal to an owner occupier or investor with a strategic eye to take advantage of the sought after zoning in the future.
The immediate area is rapidly growing with intensive residential development underway, just behind the subject property will see 2,500 new residents as part of CABRA’s ‘Huapai Triangle’ site. Huapai town centre is within easy walking distance, with Huapai District School less than 10 minutes’ walk away on Station Road and the new Matua Ngaru School also an easy walk away
For Sale with an asking price of $1,550,000 plus GST.
For further information, please call the sole agents below
Caroline Cornish 021 390 759 or Craig Smith 021 490 580
Ref #: 213182