Better than money in the bank! - This solid brick block of 4 x 2 bedroom units of approx. 60m2 per unit, plus carports on One title of premium freehold land of approx 1128m2, Surrounded by quality new developments, a clear indicator of the area's growth and desirability of this blue chip location.
Mixed Housing Urban Land
A prime platform for future development (subject to council approval) or a smart property to add to your Investment portfolio
Estimated Potential Returns $108,160 p/a to $114,400 p/a
(Unit 1 is currently vacant)
Current CV: $2,350,000
Excellent location - Walk to Panmure Station (train & bus) transport Hub, library, and shops, Mt Wellington Domain, and Panmure Basin
Minutes to Sylvia Park Mall and Lunn Avenue dining precinct. A choice of on and off ramps within an easy drive
This is an opportunity for developers, family trusts, and astute investors to secure a high-performing land bank with a proven holding income, in a location where demand is only growing.
Tightly held for two generations this block is now offered to the market with a motivated vendor ready to sell. Blocks of this calibre, in such a prime position, are rarely available,
Auction: Harcourts Property Ventures, 12:30 p.m. Wednesday 10th September 2025, in rooms (usp) Go2/223D Greenlane West, Epsom
Viewings onsite Saturdays and Wednesdays at 12pm.
Please meet onsite at 12pm to view all 4 properties.