Seize this exceptional investment opportunity in a prime Te Atatu Peninsula location. With robust consents applied for and a sought-after configuration, this 847sqm site in the Mixed Housing Suburban Zone is potentially 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.
Development Potential: 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.
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, encouraging a 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. (Can you prove that?)
This is potentially a streamlined, income-generating development opportunity ready for the discerning investor.