Opportunity strikes - 1,012sqm with two houses

55 Margan Avenue, New Lynn

Private Treaty

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Opportunity strikes - 1,012sqm with two houses | 55 Margan Avenue, New Lynn | 1671515 |      X Close

Opportunity strikes - 1,012sqm with two houses

SOLD! After a competitive set date of sale with 10 offers presented, developers investors and do-er uppers all combined, one lucky buyer took it away with an unconditional offer. We have more sites listed, so get in touch if you'd like to know about some off market opportunities.

Add value, renovate or detonate and make the most of this epic land holding. In an idyllic street offering the best of what New Lynn has to offer, this gold site is sitting on 1012sqm of Terraced Housing and Apartment Building (THAB) land.

There are two houses here which are less than spectacular and could use some love. A big 6 bedroom elevated home with views at the back, and a worn and torn bungalow on the front. An option could be to renovate both, subdivide and look at either keeping or selling. Or value may lie in exploring the huge land parcel and what could be built here?

Home and income, multiple incomes, keep both and build a third in the middle, remove the lot and build what you like, or look at different options like building a childcare centre or block of flats.

Location possibly even trumps the land, an 8 minute walk to the New Lynn Transport Hub with the train station and bus depot, Lynn Mall shopping centre with the Brickworks restaurants and bars, along with all the other amazing restaurants and eateries the area has to offer. An even closer walk to the Margan Ave shops with everything you need like a butcher, bakery, fresh seafood, fruit and veges and takeaways. Mitre 10 Mega also a 1 minute drive, you'll definitely become a regular there. And for those that love their golf you have the famous Titirangi Golf Club just a 450 metre stroll around the corner.

In zone for Blockhouse Bay Intermediate, New Lynn School and Green Bay High.

Our instructions couldn't be clearer - "we want this sold on or before the advertised date!"

55 Margan Avenue, New Lynn

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