Positioned in the heart of Papatoetoe, the property at 50 Ferndown Avenue unveils a wealth of opportunities, showcasing its substantial 882m2 freehold land. With its Mixed Housing Suburban classification and the advantage of having essential services readily available on-site, this parcel of land presents itself as a canvas for various investment strategies, whether it be land banking, immediate development, or holding for future gains.
Notably, the property stands resiliently outside any flood zones, ensuring security and stability for potential projects. Moreover, its conceptualized plan for six thoughtfully designed townhouses, each designed to encompass 3 bedrooms, 1 bathroom, and parking for a car, exemplifies its potential for lucrative development ventures.
The generous 882m2 land area not only amplifies the development potential but also allows ample space for creativity and expansion. Its strategic proximity to Papatoetoe school, bustling shops, and a range of essential amenities underscores its convenience and desirability, amplifying its allure for prospective investors seeking a promising venture with sustainable growth prospects. Whether considering immediate development or a long-term investment strategy, this property stands as a beacon of promise and potential in the real estate landscape of Papatoetoe."
dirección de la calle | distancia | número de dormitorios | número de baños | área de construcción | fecha de venta | precio de venta | fuente de datos | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 4 | 2 | -m2 | 2024 año 04 mes 04 día | $801,000 | Council approved | |
 | 0.23 km | 3 | 1 | 90m2 | 2024 año 03 mes 13 día | $770,000 | Council approved | |
 | 0.16 km | 5 | 3 | 179m2 | 2024 año 02 mes 13 día | $1,145,000 | Council approved | |
 | 0.22 km | 5 | 3 | 176m2 | 2024 año 02 mes 05 día | $990,000 | Council approved | |
 | 0.23 km | 5 | 3 | 174m2 | 2024 año 02 mes 05 día | $1,000,000 | Council approved |
