Priced well below its GV - $2,100,000
A large 1,375 square meter site ready for development in the heart of Karaka harborside, South Auckland’s most modern and prestigious waterfront destination.
This site zoned Residential with an initial scheme plan for seven two-bedroom townhouses is a rare find in this sought-after location. Surrounded by beautiful homes, parks and waterfront walkways, it is easy to see why so many people see this as a dream location.
Positioned just a few minutes’ drive to ACG Strathallan, the Hilton Hotel, a variety of restaurants, cafes and direct access to the Southern motorway within a 35-minute drive to Auckland CBD.
There is a quality spacious four-bedroom Lockwood home with garaging existing in this private and sheltered setting offering buyers a multitude of options.
Strategic buyers could take advantage of a holding income while land banking in the fast-growing region.
Alternatively, this home could be a temporary housing solution while you plan a residential development or a significant home that is fitting for this neighbourhood.
There are very few development opportunities available in Karaka, this is an entry-level site that is priced to sell in a region that has succeeded all expectations.
Don’t miss this opportunity, our realistic vendor instructions are clear, this must be sold!
Viewing by appointment.