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This property benefits from its centralised location near the heart of Glen Innes - part of the Tamaki Regeneration. A project which brings new homes and amenities like playgrounds and walkways, alongside upgraded infrastructure and parks. It's within walking distance to Glen Innes town centre, bus and train services, parks and amenities.
Key features include:
• Well located freehold section of 1,516sqm (more or less)
• Resource Consent has been granted for 36 one-bedroom to three-bedroom apartments
• Versatile opportunity for apartment developers, add value investors and land bankers
• Residential - Terrace Housing and Apartment Building zoning in the high growth area of Point England
• Comprises multiple units returning $81,640 p.a. (approx.)
Work your numbers and reap the future reward while enjoying the cashflow on this strategic location in one of Auckland's growth areas. With its unbeatable location and exceptional potential, this THAB zoned site is an opportunity not to be missed.
Call us now for further information.