Auction Brought Forward!

3 Margaret Place, Milford


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Auction Brought Forward! | 3 Margaret Place, Milford | 1451268 |      X Close

Auction Brought Forward!

A pre-auction offer has been accepted and the auction will now be held Monday 23rd Nov 2020 at 1pm at the Bayleys Takapuna auction rooms.

Offered as two titles but for sale only as one combined parcel. Here is an outstanding opportunity to purchase this well positioned 1970's block of two, brick & tile units in a quiet cul-de-sac location!

Zoned Mixed Housing Suburban, the virtually level 862sqm (more or less) site offers the potential to be developed in a variety of different ways with the possibility of high-density housing (subject to Council approval).

Location perfect, the property is within walking distance of both Westlake Girls and Boys as well as North Shore Hospital and the ever growing Smales Farm business hub. Being handy to public transport and motorway access, with Milford beach, village and shops moments away, ensures this is an exciting investment opportunity.

The existing units are presented in fairly original condition so there is plenty of opportunity to enhance/renovate to add value and simply landbank for the future.

Investors and developers alike will appreciate the passive income and development options in this easy to rent location.

Whatever you decide - keep the long-term tenants, landbank for the future or develop and reap the rewards, you will need to be quick! Call Joan now...

3 Margaret Place, Milford

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