Properties offering development potential with huge income generation ability rarely come to market, and this exceptional opportunity demands immediate attention. This is a dream come true for developers. Massive 83.8637 hectares of land (approx. 207.23 acres) located on Tapu Road. Adjacent to the land is a big residential development area with a large number of new houses built in the area in the last 15 years.
The one-and-a-half-level main house has four bedrooms with two bathrooms, two WCs, and two garages, as well as a shed. Next to it is a minor dwelling with two bedrooms and one bathroom which can provide additional income while land banking. The whole property is rented out for $2,240 per week at the moment, the stable income is an excellent investment of your time.
It’s close to the popular Huapai District School and the Kumeu/Huapai Township. Approximately 14 minutes drive to the new Westgate shopping centre, one of the largest urbanisation projects in New Zealand. An approximately 18-minute drive to North Shore and a 23-minute drive to Auckland CBD (off-peak).
ACT NOW. This exceptional opportunity demands immediate attention. Contact the listing agent for more information and viewing times.
See this listing on Barfoot & Thompson
