Key features
• Freehold 825sqm (more or less)
• Available individually, or combined with neighbouring property, 96 Ti Rakau Drive
• Excellent frontage to Ti Rakau Drive, a key arterial route connecting Botany and Pakuranga
• Vacant possession with redevelopment potential
• Residential - Terrace Housing and Apartment Buildings
• The property is strategically positioned to benefit from Auckland's Eastern Busway project, representing one of the region's largest public transport investments
Secure your stake in Pakuranga's future with this expansive freehold site, ideal for those looking to develop in this rapidly growing area. With a current CV of $1,800,000, this represents a strategic opportunity in a prime location.
The property boasts a character-filled 1960s dwelling, formerly operating as a carpet shop, now offered with vacant possession. The site's versatility offers the potential to generate holding income until you are ready to begin your project.
Positioned along Ti Rakau Drive, a critical thoroughfare that connects Botany with Pakuranga, this location guarantees high visibility. Anticipated infrastructure like the Eastern Busway will enhance its accessibility. Nearby Pakuranga Plaza provides a wealth of amenities. The site benefits from direct motorway access via Waipuna Bridge, ensuring seamless connectivity across Auckland.
Given its optimal location, residential zoning, and the backdrop of urban evolution, 98 Ti Rakau Drive presents a unique chance to develop a residential project or hold as a strategic long-term investment in a growing market.