Huge potential for future residential development
5 Acres level land with 2 rental dwelling in fast growing area.
Current zoned as Takanini structure plan area 2a and is proposing to rezone from a rural to a residential area by Papakura District council.
Main house: fully renovated recently, 4 bedroom, 2 bathroom, rumpus; minor dwelling: 2 bedroom, kitchenette and it own bathroom. Weekly return is $590k.
Locates on a prominent corner site and just few minutes from Mitre 10 Mega centre, Foodtown shops, etc.
Excellent opportunity to capitalize on the potential future residential development of this area.