1/33 & 2/33 Gloucester Road together presents a rare opportunity to secure a substantial 999m² (MOL) freehold site zoned Mixed Housing Urban under the Auckland Unitary Plan. With indicative site coverage of approximately 45%, this property offers genuine scope for medium-density residential development.
Why let your capital sit idle while waiting for Resource Consent (RC) and Building Consent (BC)? This unique setup allows you to reap a double rental income from two established homes, significantly offsetting your holding costs while you finalise your development plans for this high-density Mixed Housing Urban site.
Preliminary feasibility concepts (subject to council approval) indicate the potential for:
- 6-7 two-storey family-oriented townhouses, each approximately 120-160m², featuring internal access garaging and strong owner-occupier appeal; or
- 9-11 three-storey terrace homes, approximately 110-130m² each, designed for efficient urban living and strong rental or resale demand.
Unbeatable Location & Amenities
Convenience is the key to high-occupancy and future resale value. This site is perfectly positioned near everything your future tenants or buyers will need:
- Transportation: A commuter's dream! You are minutes away from the Homai and Manurewa Train Stations, with easy access to Great South Road bus routes and the Southern Motorway (SH1) for a seamless drive to Auckland CBD or the Airport.
- Education: Centrally located for all schooling levels. In-zone for Manurewa West School, Manurewa Intermediate, and Manurewa High School. Plus, the prestigious St Anne's Catholic School is just a short stroll away.
- Shopping & Leisure: Just a quick trip to Manukau City Centre and the Manurewa Town Centre. For weekend relaxation, the Auckland Botanical Gardens and Totara Park are nearby.
Astute buyers will recognise the upside in unlocking higher-density potential while capitalising on Auckland's continued demand for quality townhouse and terrace housing. With the right design strategy and technical input, this site offers the ability to create a compelling residential project in a proven growth corridor.
