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Landbank, Develop, or Occupy on Alice St

21 Alice Street, Riverhead

Commercial Land
dollar

POA

Land area
869m2
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Property details

Listing # L37148319 | Listed on 3 October

Opportunities like this are few and far between. Sitting proudly on 870sqm of land in the Business - Mixed Use Zoning, 21 Alice Street is not just a restored California Bungalow but a property with enormous future potential. Whether you're looking to occupy now and develop later, convert it into a thriving business hub, or unlock the full scope of the zoning through a new build, the options here are as expansive as the land itself.

The house itself is a charmer, built in the 1920s and lovingly brought into the present with modern updates that complement its original character. Bay-fronted with Cape Cod shingles, leadlight windows, and rich rimu finishes throughout, it has the warmth and craftsmanship of its era combined with the practicality of today. The generous floorplan offers three to four bedrooms, a modern family bathroom, additional toilet, separate laundry and inviting living spaces warmed by a Kent fireplace with Smart Vent system.

Step outside and the property continues to impress. The backyard is flat, private and low-maintenance, while the skyline garage with extra stud height provides secure parking for 3/4 vehicles, storage or workshop space. Combined with extensive off-street parking, it's perfectly set up for families, tenants or businesses needing space.

But it's the zoning that sets this property apart. Business - Mixed Use Zoning allows for a wide range of possibilities, from professional offices and clinics to multi-level residential or commercial developments, subject to council approval. With a capital value of $1,425,000 and a land value of $1,350,000, the land itself is where the real weight lies, making this an outstanding landbank or redevelopment prospect in a location that will only grow in demand.

21 Alice Street is more than a home; it's a strategic opportunity. Secure it today, enjoy the character and space it offers, and position yourself for the significant upside the future holds. ACT FAST!!!

Near Kumeu, Haupai, Waimauku, Coatesville, Helensville, North Shore, Hobsonville, Massey, Te Atatu, Greenhithe and West Harbour.

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