1666 sqm Opportunity in THAB Zone


3-5 Tecoma Street, Ellerslie

By Negotiation

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1666 sqm Opportunity in THAB Zone | 3-5 Tecoma Street, Ellerslie | 1710427 |      X Close
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1666 sqm Opportunity in THAB Zone


A blank canvas of Terrace Housing and Apartment Zone covering a sprawling 1666sqm (mol) ready for you to design and build your next project to supply a demanding market. Future owners of properties at this address will relish the many benefits of living at this enviably and extremely convenient address. They can leave the car at home and within just a short stroll from the front door, find themselves in the thriving and vibrant village centre. Ellerslie village offers all the amenities and attractions that support the modern lifestyle needs and so much more. From the quality cafes, trendy bars and eateries to the gyms, yoga and pilates studios plus the popular Michaels Park, Ellerslie offers a perfect balance between city convenience and lifestyle. For the daily commuters the rail links will whisk them into the CBD In under 20 minutes making the commute a breeze.

From a development perspective this property looks to benefit from the NPS-UD allowing potential for 6 or more stories. To boost the potential of this property even further the wide ROW's along both sides allow developers to maximise the building envelope. The excellent shape factor, near level section and wide road frontage all add to the desirability and flexibility when designing the end product..

3 Tecoma Street is home to a well-established early childhood education centre that has been in operation at this site for over 10 years. While 5 Tecoma is a well-presented 3-bedroom rental property with a spacious back yard. Both properties generate a combined holding income of approximately $99,000 pa.

Zoned for Ellerslie Primary School and Cornwall Park College are key attributes for future families looking to buy a new home in this sought-after location. Sites of this size and as close to the township are becoming scarce, don't delay, inquire now and receive our Information Pack, or copy this URL and paste to your browser: https://www.propertyfiles.co.nz/property/1710427

Glenn Baker

One Tree Hill

Licensed under the REA Act 2008

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Jack Davies

One Tree Hill

Licensed under the REA Act 2008

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3-5 Tecoma Street, Ellerslie

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Glenn Baker

One Tree Hill

Licensed under the REA Act 2008

View profile

Jack Davies

One Tree Hill

Licensed under the REA Act 2008

View profile