Highlights | Walking distance to Milford Town centre and Lake Pupuke |
Land Area | 1,748sqm (approx.) combined across 3 dwellings |
Location | Sought after Milford spot |
Zoning | Mixed Housing Urban Zone allowing for multi-level redevelopment |
• Stunning investment opportunity in sought after Milford location
• Cashflow from three well-presented dwellings
• 1,748sqm combined land holding across three contiguous titles
• Mixed Housing Urban Zoning allowing for multi-level redevelopment
Fresh to the market in 2021 19, 19a and 21 Otakau Road represent a unique investment opportunity for the discerning purchaser to acquire three dwellings providing a substantial cashflow and bank valuable capital growth in the background in one of the North Shores blue chip locations Milford.
The investment offers assured income in a housing market putting upward pressure on quality rentals with good school zoning in strong locations. The three dwellings have been immaculately maintained by the current owner, the family of which has been involved in ownership of these sites for several decades. Intensive Mixed Housing Urban zoning which allows for significant redevelopment potential offers a strategic exit strategy for a purchaser who wishes to land bank in the short to medium term or a developer looking to immediately get into their next project.
In a volatile global environment take peace of mind in how property has performed over the last 12 months and make this your nest egg today for the future.
Licensed under the REA Act 2008
Mobile: +64 21 182 3085 |
Office: +64 9 489 0963 |
michael.nees@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 808 092 |
Office: +64 9 489 0810 |
damian.stephen@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 431 988 |
Office: +64 9 489 1999 |
michael.su@bayleys.co.nz |
Highlights | Walking distance to Milford Town centre and Lake Pupuke |
Land Area | 1,748sqm (approx.) combined across 3 dwellings |
Location | Sought after Milford spot |
Zoning | Mixed Housing Urban Zone allowing for multi-level redevelopment |
19, 19a and 21 Otakau Road, Milford
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 182 3085 |
Office: +64 9 489 0963 |
michael.nees@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 808 092 |
Office: +64 9 489 0810 |
damian.stephen@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 431 988 |
Office: +64 9 489 1999 |
michael.su@bayleys.co.nz |
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