****Hidden Development Opportunity – 812m² Freehold with Extensive Subdivision Work Already Completed****
Opportunities like this are often overlooked, but savvy buyers will immediately recognise the value on offer here.
Situated on a generous 812m² (approx) freehold site in a quiet cul-de-sac, this well-maintained 1960s weatherboard home comes with a significant bonus that many buyers may miss at first glance.
The current owner has already commissioned extensive work towards a proposed 6-lot subdivision, including a comprehensive package of specialist reports and professional consultant work. Available information includes Architectural Plans, Geotechnical Report, Civil Engineering Design, Infrastructure Assessments and other supporting documentation, representing substantial time, effort and expense already invested.
Whether you are a developer looking to accelerate your next project, a land banker seeking future upside, or an investor wanting holding income while progressing a development concept, this property deserves serious consideration.
The existing home offers approximately 150m² (accourding to Council Rates website) of comfortable living accommodation with 3 bedrooms, open-plan living spaces, and a sunny elevated position. The property is currently tenanted, providing immediate rental income while future plans are explored.
Conveniently located close to motorway access, local shops, schools, and public transport, this is a rare opportunity to secure a property with both immediate income and future development potential.
The vendor's circumstances have changed and instructions are clear:
This property must be sold.
Forget CV. Forget historical sales data. Bring your offer and secure one of Te Atatu South's hidden treasures before the market catches on.