SELLING PRICE: 1,900,000 + GST
Prime THAB Zoned Quarter Acre-Build Now! Nestled in the heart of Papatoetoe, this 1,012 sqm property boasts an existing house with a steady rental income of $1,200 per week as holding income.
Take advantage of the bonus Resource Consent already approved for a 27m high building. Exceptionally priced at $1.9m + GST.
Property Details:
- Resource Consent Approved
- Maximum height: 27m
- Allowing for an 8-level development with 3 commercial retail units on ground floor and 42 residential units on levels 1 - 7 (2-bedroom and dual-key) including 17 car parks and 50 secured bike parks
Don Ha Projects:
Don Ha: 0800 436 642
Zarn Ha: 021 892 500
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $885,000 | -6.8% | 149 |
2022 | $950,000 | -5% | 136 |
2021 | $1,000,000 | 14.9% | 261 |
2020 | $870,000 | 17.6% | 207 |
2019 | $740,000 | 0.1% | 183 |
2018 | $739,000 | -4.6% | 215 |
2017 | $775,000 | -0.6% | 165 |
2016 | $780,000 | 16.4% | 235 |
2015 | $670,000 | 30.7% | 274 |
2014 | $512,500 | - | 261 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 3 | 1 | 150m2 | 2024年03月12日 | $950,000 | Council approved | |
 | 0.18 km | 4 | 2 | 0m2 | 2024年03月05日 | $950,000 | Council approved | |
0.21 km | 3 | 1 | 100m2 | 2024年01月18日 | $790,000 | Council approved | ||
 | 0.27 km | 2 | 1 | 90m2 | 2023年12月19日 | $617,000 | Council approved | |
 | 0.16 km | 4 | 2 | 145m2 | 2023年12月12日 | $1,175,000 | Council approved |