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Howick

18 Botany Road, Howick, Manukau

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1,520sqm Floor area
6,816sqm Land area SQM

Tender

PRIME RESIDENTIAL INVESTMENT - 36 UNITS


THE STEVENSON VILLAGE, 18 BOTANY ROAD, HOWICK, AUCKLAND

* 6,816m2 freehold site (currently in three titles) with Mixed Housing Urban zoning
* 36 well-maintained individual units currently under periodic tenancies
* Central Howick location within easy reach of major shopping centres, top schools and recreational facilities
* Multiple development opportunities supported by a solid holding income

For over 40 years The Stevenson Village has provided low cost accommodation for local elderly residents. The convenient central location, private grounds and well maintained units provide a very safe and secure setting.

A change of direction by the Trustees and recent zoning changes will enable the new owners to better utilise the 6,816m2 site. Multiple development options and a strong residential market will open the doors for astute investors and developers. A sound rental stream provides a solid holding income.

A rare opportunity to secure a large residential block with a plethora of development options.

TENDER
Closes 4pm, Thurs 8 Dec 2016 (unless sold prior)
Bayleys, 116 Picton Street, Howick

Tender

8

Dec

Time4pm
Calander
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Kevin Barber

Kevin Barber


Bayleys Real Estate Ltd, Howick,
Licensed under the REA Act 2008
David Bayley

David Bayley


Bayley Corporation Ltd,
Licensed under the REA Act 2008
James Chan

James Chan


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Dwellings


36 individual units

Land


6816m2 on 3 titles

Location


Central East Auckland location handy to beaches, shopping centres and top schools

Zoning


Zoned Mixed Housing Urban (PAUP)