90 Cedar Terrace, Stanmore Bay, Rodney, Auckland

The vendor's change in circumstances demands an urgent sale!

This extraordinary 2.6-hectare (6.5-acre) waterfront property offers developers and investors a unique opportunity to unlock its significant potential. Elevated and private, the site boasts stunning views of the Weiti River, Stillwater, and Kawau Island, while a private jetty and pontoon, redesigned in 2017, provide direct access to the river and Auckland's iconic Hauraki Gulf.

The land, zoned Large Lot, offers exciting subdivision potential, subject to council approval. Planners' subdivision conceptual scheme plan is available for review. This property represents an incredible opportunity for those with vision to create something truly remarkable in this sought-after location.

Onsite is a Santo Vista-style main residence built in 1979, a self-contained staffroom, and a cottage converted from a working shed. While some works still need to be done to the property, this property is sure to attract buyers who have a flair for rejuvenating homes and wanting to add their own personal stamp, and it provides an opportunity for redevelopment or improvement to enhance the property's value. Sure, the onsite Bore will provide huge benefit for your water supply.

Convenience meets opportunity with the ongoing construction of the Penlink Corridor, which will significantly improve connectivity to Auckland CBD and surrounding areas. Shops, including a New World supermarket, are conveniently located at the entrance to Cedar Terrace.

The vendor's change in circumstances demands an urgent sale, with the asking price of $3,790,000 set well below the CV of $4,150,000. Don't miss this rare chance to secure a rare waterfront property with prime development potential. Contact us today to arrange a viewing or discuss this incredible opportunity.

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