Seize this exceptional investment opportunity in a prime Te Atatu Peninsula location. With robust consents underway and a sought-after configuration, this 847sqm site in the Mixed Housing Suburban Zone is primed for maximum return.
Investment Snapshot & Key Features
- Strategic Land Size: A substantial 847sqm parcel perfectly scaled for medium-density development under the current zoning.
- De-Risked Development: The vendor is actively progressing Resource Consent (RC) and Building Consent (BC) applications. Acquire the site with the heavy lifting already in motion, ensuring a swift transition to construction.
- Extended Holding Income: Benefit from a reliable rental stream with tenants secured until June 2026. This offers exceptional financial cushioning and certainty while you finalize plans and consents.
Proposed High-Value Configuration
The proposed plan is designed for broad market appeal and maximized density, consisting of 7 brand-new residential properties:
- 5x Free-Standing Houses: High-demand, standalone homes appealing to families and premium buyers.
- 1x Duplex (2 Units): Providing flexibility for different buyer profiles and offering excellent value propositions.
This diverse mix caters to various buyer segments, ensuring rapid sell-down upon completion.
The Te Atatu Peninsula Advantage
Murray Road offers investors the best of this coveted suburb:
- Lifestyle & Amenities: Excellent connectivity to the vibrant community hub, local parks, schools, and the popular coastal reserve areas.
- Commuter Convenience: Quick and easy access to major transport links, including the SH16 Motorway, making the city centre commute straightforward.
- Proven Capital Growth: Investing in this area means capitalizing on the established trajectory of property value appreciation within a tightly held community.
This is a streamlined, income-generating development opportunity ready for the discerning investor.
ACT NOW to secure this profitable venture before full consents are granted and the value escalates.
CALL ME TODAY to request the comprehensive Due Diligence Package, proposed plans, and rental details.
