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4 Red Barn Lane, Pukekohe, Franklin

Auction, 26 Nov 2024 11:00

5,855m²

Possibly the best development buy, in the market

• Affordable, resource and EPA consented 11 lot subdivision

• Most of the pre-development costs have been paid for

• Surrounded by new and quality housing

• A great entry level, turnkey development in high growth area

• Situated in a prime location with some good capital gains to made here

This is an exceptional and unique opportunity for developers/investors to buy this resource and EPA consented ready to get on with development with minimal delays. Located in the one of the most sought after and upcoming areas of Pukekohe Anselmi Ridge a testament of modern and easy living, at its best with its proximity to schools, public transport and all amenities.

For the developer confidence can be had that a lot of the upfronts costs have been paid for by the vendors saving you a lot of time and money. Additionally, Auckland Council has confirmed that development contributions are currently locked in at 2019 prices. All this is detailed in the information memorandum. For the investor team up with a number of the award-winning local builders and create your own unique and architecturally designed house and land packages. All the experts agree finding residential resource consented land in prime locations in areas experiencing unprecedented growth is getting harder and harder to find. Timing for this project is perfect with falling interest rates and improving market conditions vendors keen for a deal call now!

Additional details

Type

Section

Property ID

1972551

Listed on

01/11/2024

Updated

yesterday

Auction1

Tue, 26 Nov

11:00AM

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Property data

Broadband available

Land area

5,855m²

Type of title

Freehold

Decade of construction

1900s

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Time (yrs)

5 yrs

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Pukekohe, Franklin

Pukekohe is a suburb which lies within the Territorial Authority of Auckland, one of 269 residential suburbs which form the wider region. Pukekohe is the 8th largest suburb of Auckland in terms of the total number of residential housing stock. Pukekohe provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1900 - 1909. The majority of the residential housing stock in the locality was constructed between 2000 - 2009. Residential housing stock in Pukekohe is made up of approximately 96% residential housing , 2% residential investment housing and 2% lifestyle properties.

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