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Owner-occupiers, developers, and investors, here is an opportunity to secure approximately 6.31ha (15 acres) of land located close to Kumeu Township. The property features 107-metre of road frontage, minimal flood-prone areas and three paddocks with an arena. The property is zoned Countryside Living under the Auckland Unitary Plan. This zoning allows as a permitted activity subdivision into 2ha (more or less) sites or investigate acquiring transferable rural site subdivision rights (TRSS) which allows for a minimum of approximately 0.8ha sites with an average of 1ha sites across the existing title.
The property improvements offer a renovated three-bedroom, two-bathroom home currently tenanted, producing $700 per week, the stables and land rented for $200 per week, a two-bedroom sleepout/office for $540 per week and finally a 260sqm (more or less) shed and workshop tenanted for $500 per week.
Kumeu is a growing suburb with substantial housing projects currently underway. A significant portion of land surrounding Kumeu and Huapai has been identified to support urban growth over the next 30-years cementing Kumeu as a thriving area with the population expected to grow.
Rarely do properties of this calibre come to market, we encourage you to register your interest.