Invest now, develop later


245 Kepa Road, Mission Bay

By Negotiation

Download Email
Invest now, develop later | 245 Kepa Road, Mission Bay | 1410518 |      X Close
Image
Description

Invest now, develop later


Not often do development sites come with such a great rental return. The five units on this site provide a good holding income with the potential to develop this site to twenty eight apartments, including four penthouses with sweeping views. Resale of the apartments would provide fantastic return on investment and our Projects team are available to assist you with a feasibility and profit forecast.

The ridge line above Mission Bay offers a wide range of locational advantages for residential use. The position is about a kilometre from Mission Bay beach and is approximately 5k east of Auckland's Central Business District. The Council's Unitary Plan recognised the area as having huge potential for more intensive development and a pocket of land in the vicinity of Eastridge Shopping Centre, including the subject property, was zoned for Terrace Housing and Apartments. Developers quickly seized the opportunity and two apartment blocks, Outlook and Horizon, are already underway.

Price by negotiation

245 Kepa Road, Mission Bay

Open in map