Ray White Howick
Real Estate Agents
- Listing #:
- HOW42525
- Listed:
- 87 days ago
By Negotiation
Developers/Investors
262 Pakuranga Road, Pakuranga, Manukau CityResidential House
-
- 3 Bedrooms
-
- 1 Bathroom
-
- 2 Toilets
-
- 6 Offstreet Car Parks
-
- 627m2 Land Area
About this property
Developers, landbankers and investors - there is certainly something here for each of you.In a prime location with high visibility from busy Pakuranga Road and currently operating as a Florist/Tea House and residential home. A great neighbourhood with fantastic schools, local transport, and shops nearby.
There are plenty of options to explore:
For DEVELOPERS/LANDBANKERS: With services onsite, this level site could offer easy and cost-effective earthworks. Zoned for Terraced House and Apartment Building (THAB). A popular location for new builds. Currently tenanted, so you could collect the rent, whilst you complete your plans and council consents.
For INVESTORS: Fixed term tenancy in place until 2027, $700pwk. While enjoying the good cash flow, you can benefit from the huge potential for land banking in the years to come.
Nearby Schools: Elm Park School, Sunnyhills School, Wakaaranga Primary and Farm Cove Intermediate (The property is close to the school zone boundary, please check with these schools directly). In zone for Pakuranga College and just a short drive to the prestigious Saint Kents College.
Our sellers are cashing up their investment and with alternative plans on the horizon - a definite sale is required.
Call Clare Nicholson 0212 900 505 to arrange a private viewing. (No open homes)
Conjunctions welcome.
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