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Proposed 16 Lot Subdivision at 48 and 50 Allen Street, Mangere East
• Freehold land holding of 1,714sqm (more or less) across two titles of 857sqm each
• Holding income option from four residential tenancy rental streams
• Concept plans for sixteen terraced houses
• Zoned for mixed housing urban
• Realistic vendor wants a sale
Offering 1,714sqm (more or less across two titles), these standout properties will attract the savviest and smartest of developers or investors. With services onsite or close to both sites, these properties are prime development potential and plans for sixteen terrace houses have already been put in place.
Strategically positioned within close proximity to local schools, parks, supermarkets and motorway networks including State Highways 1 and 20 as well as being minutes from the Train Station and other public transport networks. With holding income potential in place from four existing homes here is an option to do up or renovate the existing houses till the time you decide to demolish them for developing the entire block. This property ticks all the boxes, develop now or land bank for the future.
Call for further information.
