324 Panama Road, Mt Wellington, Auckland City, Auckland

Embrace the unique opportunity of this dual-key property, nestled on a generous 711m² plot with stunning water views and ripe for development. Located just 3km from Sylvia Park Shopping Mall, this residence combines double incomes for cash flow, convenience for location and potential for future development.

Featuring two separate units each with 2 bedrooms, 1 bathroom, a living room, and a kitchen, it offers flexibility to live in one and rent the other, or explore rental possibilities for both. With a total of 4 bedrooms, 2 bathrooms, 2 living rooms, and 2 kitchens, the setup is perfect for families, and professionals' water-front lifestyles with a separate income potential or long-term investors and developers' water-front new built dream.

The property is fully fenced, providing privacy and safety, alongside a private deck and garden space for outdoor enjoyment and entertainment against the backdrop of the coastal reserve, and a gate off the back fence allows you the freedom to go any time for a coastal walk.

Situated close to amenities, with easy access to motorways, schools and shopping centres, this home offers both the serenity of beachside living and the convenience of Sylvia Park Shopping Mall, schools, and essential amenities. Its expansive land size holds promise for future expansion or development, making it an ideal investment in space and location. The architectural scheme plan shows the options for full subdivision or keeping the existing houses and adding one more new dwelling in the rear section. These scheme plans are of concept only and all purchasers must complete their own investigations as to any possible development potential.

Don't miss the chance to transform this property into your dream home or take advantage of its investment potential. Contact us today to seize this rare offering in central Auckland.

See this listing on Barfoot & Thompson