1,922m² Freehold Land with Twist
Barfoot & Thompson Commercial are pleased to exclusively present 78 Red Hill Road, Papakura, for sale by deadline private treaty closing 12:00pm, Wednesday 15 May 2024 at at level 3, 50 Kitchener Street, Auckland Central (unless sold prior).
Unique to the market is this 1,922m² of Mixed Housing Suburban zoned land, with an 815m² concrete block and fibrolite building previously used as a water reservoir for the Papakura Military Camp, and an approximately 72m² residential tenancy currently rented for $470 per week. All buildings on site will be sold on an "as is where is" basis.
Zoning allows for one or two-storey, detached and attached housing set back from boundaries with landscaped gardens. Two dwellings are permitted subject to compliance, or resource consent is required for three or more dwellings.
The options are endless, develop the site with a bit of holding income, convert the water reservoir into a warehouse to create a live/work set up, renovate into your dream home with an interesting story, or come up with your own unique idea for the property.
For all information and viewings, please make contact today.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2021 | $940,000 | -6.5% | 3 |
2019 | $1,005,000 | 107.2% | 1 |
2016 | $485,000 | - | 2 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 3.10 km | 2 | 1 | 70m2 | 2024年03月15日 | $501,000 | Council approved | |
0.19 km | 3 | 139m2 | 2024年02月26日 | $880,000 | Council approved | |||
 | 0.02 km | 4 | 2 | 152m2 | 2024年01月09日 | $1,060,000 | Council approved | |
 | 3.10 km | 4 | 1 | 180m2 | 2023年11月17日 | $943,700 | Council approved | |
2.96 km | 3 | 251m2 | 2023年11月17日 | $900,000 | Council approved |