166 Portage Road, Papatoetoe presents an opportunity with strong development potential.
The solid 5 bedroom home sits on a generous, freehold section of 1,138 m² and offers an exciting prospect for developers. While requiring renovation, the property's solid structure allows for holding income as development plans are progressed.
Preliminary planning advice from Cato Bolam indicates the site could accommodate up to 7 units, subject to Council approval. Their report is available, offering an assessment of development feasibility, risk, and potential yield.
With generous land area, favourable zoning, and stormwater and wastewater connections within property boundary, this site offers developers a practical opportunity to deliver a high-quality residential project in a sought-after growth area.
Don't miss the chance to develop 166 Portage Road. Contact me today for more information and to arrange a viewing.
Auction (Unless Sold Prior) 01/10/2025 @ 11.00 am In Rooms: Ray White Manukau
Disclaimer - This property is being sold by auction and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.