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35,553sqm Land area SQM

By Negotiation

Strategic Residential Development Opportunity


Tightly held by the same family for almost 20 years and now offered to the market:

- 3.55 hectare site (more or less) on two freehold titles in Flat Bush
- High profile site on the corner of Ormiston Road and Murphys Road
- Favourable zoning in this location provides options for purchasers
- Holding income from two existing residential tenancies
- Possible for commercial and residential

Located approximately one kilometre from the Ormiston Town Centre, this is a growing and aspirational location within this region, this north facing property offers ease of access to amenities and transport systems.

This location offers ease of access to a number of residential and commercial suburbs including Botany, Howick, Dannemora, Manukau City, East Tamaki and surrounds.

Positioned within the recent Special Housing Area Flat Bush Strategic Area and zoned as Terraced Housing and Mixed Housing Suburban under the Proposed Unitary Plan.

Seldom do properties that offer such options and opportunities for developers, investors and owner occupiers come to the open market in today's environment.

Call the Sole Agents now for full details and to arrange an inspection to view.

Mike Adams

Mike Adams


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

Ben Bayley


Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
William Coates

William Coates


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

Features

1


3.55 hectare site (more or less) on two freehold titles in Flat Bush

2


High profile site on the corner of Ormiston Road and Murphys Road

3


Favourable zoning in this location provides options for purchasers

4


Returning circa $42,000 holding income from two residential tenancies

5


Possible for commercial and residential