8 Walmer Road is a perfectly poised offering that caters to the overriding demand throughout Point Chevalier.
Resource consented for 10 boutique townhouses, 3 of which with home offices opening out to spacious courtyards; this offering hits a unique 'sweet spot' for this suburb where average annual prices have hit $1,900,000 and the commercial village is still in its infancy.
Point Chev itself, for a numbers of years now has had its own ‘ecosystem’ and as far as Auckland's most desirable suburbs go, it's pricing is nicely within reach for a suburb that provides multiple beautiful parks for family & kids, off leash parks for dogs and a sensational beach and coastline to explore on those sunny mornings. As far as the statistics go, some 70% of Point Chevalier residents are owner occupiers who over the previous 2 years have enjoyed an average of 8-9% capital growth in their house values.
Locals enjoy some of Auckland's best coffee spots like Daily bread and The Corner Cafe, to name a couple, and Point Chevalier commercial village has some way to go to catch its residential sibling; however big plans are underway with a major development planned for 1132-1136 Great North Road, being a large format New World with dual access out to Parr North Road.
With building consent due in the next 2-3 weeks, 8 Walmer Road is a prime opportunity to cater to this popular suburbs demand for new dwellings.
Features:
* Flat regular shaped freehold 919m2 site
* Business - Town Centre Zone
* Resource Consent for 10 Terraced Houses
* Building Consent expected within 2-3 weeks
* 5km west of the CBD