Priced to sell urgently at $1,000,000 (including GST), this prime Henderson property offers unparalleled value for developers, landbankers, and investors. With major development approvals already secured and a steady holding income in place, much of the hard work has been done for you.
Property Highlights:
- The Land: Approximately 701m² of relatively flat terrain.
- The Zoning: Mixed Housing Urban, primed for high-density growth.
- The Project: Approved for a six-lot development.
- The Consents: Resource Consent (May 2023), EPA (July 2023), and Building Consent (March 2024) are all issued, saving you significant time, holding costs, and uncertainty.
Approved development includes:
Units 1-4: Three-level homes with internal garages
- Unit 1: Approx. 124.5m²
- Unit 2: Approx. 122.8m²
- Unit 3: Approx. 122.5m²
- Unit 4: Approx. 132.5m²
Units 5 & 6: Two-level townhouses - Approx. 70.7m² each
Holding Income & Future Potential:
The existing three-bedroom home provides immediate returns while you plan your next move.
- Currently tenanted at $450 per week on a fixed-term lease through July 2026.
Whether you choose to landbank, restore and renovate the current house to add value, or break ground on the new six-lot development, this property offers incredible flexibility.
Strategic Location:
Positioned in a rapidly growing West Auckland hub, 50 Harrington Road boasts excellent proximity to key local amenities:
- Waitakere Hospital & Trusts Arena
- WestCity Shopping Centre & Universal Drive
- Public transport networks, including the local train station
- Quick and easy motorway access
Urgent Sale Required!
The vendors have given clear instructions: this property must be sold. Opportunities featuring this level of completed consent work are rare and highly sought after in today's market. Act fast to secure your next successful project.
ALL CONJUNCTIONALS WELCOME, so agents, bring your buyers!
Contact Ian 021 159 2078 NOW to secure your comprehensive information pack and arrange a viewing!
