This prime site offers an exciting opportunity to develop:
- 3 duplexes
- 1 triplex
- 2 standalone homes
Totalling 11 residential units with 11 dedicated car spaces.
UNITARY PLAN ZONE: RESIDENTIAL - MIXED HOUSING SUBURBAN
The existing property generates two strong rental incomes-approximately $650 per week for the 4-bedroom home and $550 per week for 2-bedroom home-providing immediate cash flow as you prepare for construction.
This rare offering combines a versatile development scope with a well-established income stream, making it perfect for savvy developers aiming to maximize density and profit in a high-growth area.
Located in a highly desirable area with breathtaking city views, this property offers the perfect position to ensure your children's education at Kaurilands Primary, Glen Eden Intermediate, and Green Bay High School. It's just minutes from Glen Eden Train Station, close to New Lynn, and conveniently on the Glengarry Road bus route-combining lifestyle, accessibility, and education all in one.
Don't miss your chance to transform this prime property into a lucrative project-act now to secure your future in the fast growing market!
Pending RC, BC, EPA.
We are always happy to work with other agents and welcome conjunctional sales, so bring your buyers!
Contact Ian 021 159 2078 TODAY for more information!
