Grundrisse
Location, location, location! This prime 5,344m² site is nestled in the heart of Auckland’s North Shore, offering unparalleled access to residential, commercial, and educational amenities. Currently generating a net return of $210,000 per annum with demolition clauses in place, the site comes with a detailed resource consent plan for 44 terraced dwelling units.
Situated between Westlake Boys and Westlake Girls High Schools, the property is within easy reach of several other highly sought-after schools. North Shore Hospital and Lake Pupuke are nearby, providing essential healthcare and recreational opportunities. Local sporting facilities are easily accessible, and the Northern Motorway can be conveniently accessed from either Northcote Road, near AUT, or Tristram Avenue.
Public transportation is a breeze with a bus stop directly outside the property and the Smales Farm Busway Station just 650 metres away.
Take advantage of this opportunity to collect rent while planning the development of one of the last prominent sites in this highly desirable area.
KEY FEATURES:
• Prime location 5,344m² development site returning $210,000 net per annum
• Resource application submitted for 44 terraced units
• High profile site in the epicentre of Milford and Takapuna
• Close to schools, North Shore Hospital, shopping and commerce
Contact the agents for full plans and documents.