Jewel in King's Crown for Developers

For developers this prime site is like an early Christmas present poised to solve your New Year resolution to invest well for a profitable 2022. Situated in a high-demand and popular neighbourhood, the vast 1012 sqm (approx.) of flat land zoned Mixed Housing Suburban is ideal for development or land-banking for the future. For buyers seeking the capacity to construct multiple residential dwellings, this offers optimum scope, scale, and size of returns. The well-maintained three-bedroom brick and tile house and ancillary outbuildings are a fringe benefit for storage options and a rental yield from tenants in the short term as you complete your due diligence.

The tidy 1960s 112 sqm (approx.) home has a sunny north facing aspect and retains some of the character of the era with glowing native timber floors, doors, and architraves. A light and bright separate lounge adjoins a spacious dining area flanking a smart and modern kitchen with bay window. All double bedrooms share a tiled bathroom, separate toilet, and large laundry with back door access. The colossal back yard currently comprises a sleepout, corrugated iron shed and double garage amidst established trees and harvest gardens including a mature avocado tree and raised vegetable beds. Ample parking and easy street to site access suggest that service preparations and provision would be a relatively straightforward undertaking.

Almost equidistant between Manukau City Centre and Papatoetoe shopping precinct, the property is a humdinger for proximity to a bunch of amenities and valuable transport routes. A short distance to join SH1 for a commute in any direction, walking distance to Puhinui School and zoned also for Papatoetoe Intermediate and High School, this gold mine site is ripe with possibilities.