Rare Investment & Development Opportunity in Prime Hauraki
A rare chance to secure three solid brick & tile units on one substantial 1021m² (more or less) freehold site, backing directly onto Hauraki Primary School. With two 2-bedroom units and a larger 4-bedroom rear unit, this property provides not only rental income and value-add potential but also exceptional development opportunities.
Incorporating three units on one title, with Council resource consent already granted to separate into three titles if you require, this is an investment that provides both income today and growth opportunities for tomorrow - all in a prime Hauraki location.
Key Features
• Classic, low-maintenance brick & tile construction
• Two 2-bedroom units plus one 4-bedroom rear unit
• Two units tenanted with occupants keen to remain
• One unit vacant - ideal for a new tenant, an owner-occupier, or to renovate straight away (note: requires some work to meet Healthy Homes standards)
• Expansive 1021m² freehold site in sought-after Hauraki
• Backs directly onto Hauraki Primary School
• Council resource consent granted to separate the existing title into three individual titles if you require
• In zone for Hauraki Primary School, Belmont Intermediate, Takapuna Grammar, and Westlake Girls' High School
• Close to Takapuna's shops, beaches, schools, and public transport
Investment Advantages
• Diversified rental income across three dwellings
• Scope to refresh or renovate the units to add value and lift returns
• Low-maintenance construction for easy management
• Substantial landholding with clear development potential - a genuine long-term investment opportunity, whether you redevelop now, act on the approved subdivision, or bank the land for the future (due diligence recommended)
Call Michael for an exclusive private viewing or visit the open homes
To view or download property files please go to: https://www.harcourtsfiles.co.nz/listings/QYKU
Auction 30th October at 12pm (USP)