22 Gaye Crescent, Otara, Manukau City, Auckland

Uncover the potential at 22 Gaye Crescent, Otara. This classic 1960s-built home is set on a sprawling 1259m2 of land, zoned for Terrace Housing and Apartment Building zone, presenting enormous potential to land bank, development (subject to council approval) or renovation for value-add gains. This weatherboard and concrete tile home is more than just a property; it's a project, a home, or an investment waiting to be transformed.

Currently rented to long-term tenants since 2016 at $650/week, this Healthy Homes Compliant property is in a prime location close to shopping centres, motorways and Gaye Crescent Esplanade Reserve right behind you. This is your chance to make your mark in a suburb poised for growth!

• Spacious Land: 1259m2 offers room for development or land banking, subject to council approval or lifestyle and leisure

• Zoning: Residential Terrace Housing and Apartment zone with all services situated nearby, perfect for developers or future projects.

• 1960s Charm with Modern Potential: A classic weatherboard home with concrete tiles, ready for your renovation vision

• Healthy Homes Compliant: No immediate compliance costs.

• Rental Income: Secure weekly income with tenants in place since 2016, paying $650/week.

• Location, Location, Location: Close to amenities, shopping centres, motorways, and a reserve, ensuring convenience and future value.

• Flexible Options: Land bank, develop (subject to council approval), renovate, or move in and enjoy.

This property will be sold by auction on 30 January 2025, with motivated owners committed to moving forward with their plans. Here is your moment to step into the Otara property market with an asset that offers multiple avenues for success. Whether you're a home buyer, renovator, investor, land banker, or developer, 22 Gaye Crescent is your canvas. Make it yours!

For more information or to arrange a viewing, contact Iza Kimura at 0224929850. Open homes are also available, so come see the potential in person. Remember, this property is heading to auction, so pre-auction offers are highly encouraged. Don't miss this fantastic opportunity to secure a property with immense potential.