This is a unique opportunity to secure prime real estate, for the purpose of either land banking for the future or to develop to its full potential now. Zoned, Mixed Housing Urban. Potentially a magical development for 13 to 15 Terrace houses, or an excellent three level apartment block. Either way it's a winner. Great annual income of $96,000 gross from number 40 Great South Road, a double storey 6 bedroom registered boarding house, with a current building warrant of fitness, and is in demand from potential tenants when a vacancy occurs. Making this an easy prudent acquisition. Walking distance to the hub of Papakura's Township, Takanini South Gate Shopping Centre and local amenities, plus an easy commute to public transport and State Highway one interchange. The location and the properties wide road frontage make this a very appealing prospect for future development.
Excellent opportunity phone us today.