Living area
Kitchen
Beds
Tender: Closes on Tuesday 16 July 2024 at 2:00PM (unless sold prior)
Properties offering development potential with huge income generation ability rarely come to market, and this exceptional opportunity demands immediate attention. This is a dream come true for developers. Massive 83.8637 hectares of land (approx. 207.23 acres) located on Tapu Road. Adjacent to the land is a big residential development area with a large number of new houses built in the area in the last 15 years.
The one-and-a-half-level main house has four bedrooms with two bathrooms, two WCs, and two garages, as well as a shed. Next to it is a minor dwelling with two bedrooms and one bathroom which can provide additional income while land banking. The whole property is rented out for $2,240 per week at the moment, the stable income is an excellent investment of your time.
It’s close to the popular Huapai District School and the Kumeu/Huapai Township. Approximately 14 minutes drive to the new Westgate shopping centre, one of the largest urbanisation projects in New Zealand. An approximately 18-minute drive to North Shore and a 23-minute drive to Auckland CBD (off-peak).
ACT NOW. This exceptional opportunity demands immediate attention. Contact the listing agent for more information and viewing times.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.42 km | 3 | 2 | 193m2 | Year 2024 Month 04 Day 30 | $1,270,000 | Council approved | |
 | 0.28 km | 4 | 2 | 223m2 | Year 2024 Month 04 Day 12 | $1,355,000 | Council approved | |
 | 0.25 km | 4 | 3 | -m2 | Year 2024 Month 04 Day 09 | $1,275,000 | Council approved | |
 | 0.41 km | 6 | 3 | 0m2 | Year 2024 Month 03 Day 01 | $1,375,000 | Council approved | |
 | 0.40 km | 4 | 2 | -m2 | Year 2024 Month 02 Day 01 | $1,445,000 | Council approved |