All the hard work has been done for this almost shovel ready boutique development project. Currently a 3-bedroom weatherboard home in a private cul-de-sac situated on 822m2 of freehold land.

• RC approved for a 4-lot subdivision
• EPA approved with s/s and s/w on site for your simplicity and convenience
• The old development contributions apply
• Relocate the existing 3 bedroom home on the site
• Build 3 brand new homes

Simply get your building consents and start, everything else has been taken care of for you!

The finished project will have 4 very desirable and sellable entry level homes with good buyer demand for this profile of home.

• 1 x Freestanding 3 bed 2.5 bath 1 carport with floor area 107m2
• 2 x Duplex 3 bed 2.5 bath 1 car park with floor area 109m2
• 1 x existing home to be relocated on site. 3 beds 1 bath 1 car park with floor area 88m2

With a 3-month settlement date is on offer and long term tenants paying $690 per week should you elect to keep them on to help with cash flow

The location is perfectly positioned between East Auckland and the central city. You're just 1.5km from Glen Innes Train Station and moments from SH1, Sylvia Park, Panmure Village, and the scenic Tamaki Basin. With excellent cafés, shopping, and recreational amenities nearby, everything you need is within easy reach.

The mathematics make sense, so speak to your planner and architect and budget for your feasibility. The Vendors instructions are clear that they want to have this project SOLD and plan to meet the market!

For auction sales results from Ray White Stonefields, other sales stats for Panmure and local suburbs, new listings and market news check out www.facebook.com/MtWellingtonRealEstate

** VIEWINGS STRICTLY BY APPOINTMENT - PLEASE CALL TO ARRANGE AN INSPECTION **