This prime piece of real estate offers a wide range of options suitable for a broad spectrum of buyers from property developers, investors, retirees and even first home buyers.
Currently zoned as Business - Mixed use zone, it is conveniently located in the main town centre and adjoins the Lucy Moore Park Reserve. The property's value is underwritten by the favourable zoning which allows intensive residential and commercial development up to four storeys, Resource Consent permitting. The site lends itself to a townhouse or apartment development scheme due to its strategic location in the centre of Warkworth, within short walking distance to the major local amenities.
The existing two bedroom, one bathroom dwelling is original with open plan lounge, dining and kitchen and can easily be moved off site leaving you with a blank canvas to develop.
Warkworth's current population of approximately 4500 is set for considerable population growth anticipated for the area, with 25,000 permanent residents expected by 2030. The Puhoi to Warkworth Motorway Extension due for completion by 2021 will also lessen travel time from Auckland to Warkworth. There are very few opportunities available in the town centre so don't delay as vendors are realistic and motivated to sell.
Great location and great value on offer here with this zoning!
Please note that the access to this property is off the cul-de-sac at the end of Baxter Street.
Auction unless sold prior, 10am Thursday 11th October 2018, Bayleys Warkworth