This exceptional development site located in Hauraki/Takapuna on Auckland’s North Shore presents a prime location for a medium-intensity development project. On the doorstep to Takapuna Beach, Takapuna Town Centre and immediate access to Auckland’s Northern motorway the property has excellent fundamentals that underpin the demand for homes, townhouses and apartments in this location. The site is unique with potential for both sea and harbour views from the upper floors and has excellent school zoning within walking distance to Hauraki Primary School.
Benefiting from a well-maintained family home that has been in the same ownership for almost 20 years, this 230sqm (approximately) five-bedroom dwelling derisk any acquisition and can provide excellent holding income while a development is planned.
With the rate cut cycle underway and green pastures back on the horizon for property development in New Zealand, the time to act is now.
