Opportunities like this in Onehunga are becoming increasingly rare, especially at this price level.
Now priced at just $1,325,000, this 766m² freehold site in the sought-after Terrace Housing and Apartment Building Zone (THAB) presents exceptional potential for developers, land bankers, and strategic investors looking to secure a foothold in one of Auckland's rapidly intensifying suburbs.
Surrounded by emerging terrace developments and positioned in a location where demand continues to grow, the future upside here is undeniable.
The existing 101m² weatherboard home includes:
- 3 bedrooms
- 1 bathroom
- Separate living and dining
- Standalone garage
- Wide driveway access
Whether you choose to hold, renovate, landbank, or redevelop, the flexibility here is significant.
But the true value lies in the land, zoning, and location.
Flat THAB sites of this scale in central Auckland are getting harder to secure as intensification reshapes the city landscape.
The owners are motivated and have made their intentions clear with a substantial price reduction from $1,549,000 to $1,300,000.
Developers and investors should act quickly and complete their due diligence without delay.
Contact Raksha Lakhan or Shastrika Chand today on 021 442 097 or 021 188 2528 to request the full information pack.
Conjunctional opportunities welcomed from all agencies.
Disclaimer - This property is being sold by auction and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.