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90 Cedar Terrace, Stanmore Bay, Rodney

$3,790,000

2.52ha

Jetty & Views, Waterfront Estate with Potentials!!

The vendor's change in circumstances demands an urgent sale!

This extraordinary 2.6-hectare (6.5-acre) waterfront property offers developers and investors a unique opportunity to unlock its significant potential. Elevated and private, the site boasts stunning views of the Weiti River, Stillwater, and Kawau Island, while a private jetty and pontoon, redesigned in 2017, provide direct access to the river and Auckland's iconic Hauraki Gulf.

The land, zoned Large Lot, offers exciting subdivision potential, subject to council approval. Planners' subdivision conceptual scheme plan is available for review. This property represents an incredible opportunity for those with vision to create something truly remarkable in this sought-after location.

Onsite is a Santo Vista-style main home built in 1979, a self-contained staffroom, and a cottage converted from a working shed. While some works still need to be done to the property, this property is sure to attract buyers who have a flair for rejuvenating homes and wanting to add their own personal stamp, and it provides an opportunity for redevelopment or improvement to enhance the property's value. Sure, the onsite Bore will provide huge benefit for your water supply.

Convenience meets opportunity with the ongoing construction of the Penlink Corridor, which will significantly improve connectivity to Auckland CBD and surrounding areas. Shops, including a New World supermarket, are conveniently located at the entrance to Cedar Terrace.

The vendor's change in circumstances demands an urgent sale, with the asking price of $3,790,000 set well below the CV of $4,150,000. Don't miss this rare chance to secure a rare waterfront property with prime development potential. Contact us today to arrange a viewing or discuss this incredible opportunity.

Please copy and paste to download the files https://www.harcourtsfiles.co.nz/listings/6YM8

Additional details

Type

Lifestyle Property

Property ID

L26729822

Listed on

06/03/2024

Updated

yesterday

Data

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Property data

Broadband available

Floor area

244m²

Land area

2.52ha

Unitary Plan

Zone 23 Residential - Large Lot Zone

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Time (yrs)

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Stanmore Bay, Rodney

Stanmore Bay is a suburb which lies within the Territorial Authority of Auckland, one of 269 residential suburbs which form the wider region. Stanmore Bay is the 29th largest suburb of Auckland in terms of the total number of residential housing stock. Stanmore Bay 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 1990 - 1999. Residential housing stock in Stanmore Bay is made up of approximately 97% residential housing and 3% residential investment housing properties.

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