15 Ribot Place, Randwick Park, Manukau City, Auckland

Auction: 62 Highbrook Drive, East Tamaki on Wednesday 3 July 2024 at 1:00PM (unless sold prior)

Experience an unparalleled opportunity with this enticing offer of investing or land banking in a freehold property spanning 655 square meters. The vendors' change in plans has fuelled their determination to sell at the upcoming auction, presenting a rare chance to seize a property brimming with potential.

This expansive property, nestled on a freehold section currently zoned for Mixed Housing Suburban, caters to diverse interests. Whether you're a visionary developer, a shrewd investor looking to expand your portfolio, or a cautious land banker seeking a stable investment, this property is a treasure trove of promise. Furthermore, with essential infrastructure, including wastewater and stormwater connections, it's ready for immediate or future development, subject to council approval.

But wait, there's more – the well-maintained house offers an enticing rental return potential of approximately $35,000 per year during the resource consent process. This property, strategically located with easy motorway access and in close proximity to reputable schools, bustling shopping centres, and a nearby train station, promises both convenience and the potential for significant financial gains.

Seize this extraordinary opportunity tailored for your success. Act now and reach out for further details—our dedicated team is committed to guiding you through every stage and ensuring your journey is seamless and rewarding.

All conjunctions are welcome.

See this listing on Barfoot & Thompson