Epsom
1 Lauchlan Avenue, Epsom, Auckland
By Negotiation
Epsom 2023sqm with resource consent
Representing an ideal development opportunity; on 2023sqm (more or less) occupying a prestigious position in Epsom, develop this freehold site situated on a quiet no-exit street or simply land bank.
The size and position of this enviable address highlights development potential, with pre-approved resource consent for 8 stand-alone houses.
Situated on a quiet street in the ever-growing Epsom, the 400sqm (more or less) layout is incredibly practical, with great capital gain and is currently returning approximately $110,000 per annum for this huge freehold site - zoned Mixed Housing Urban. Take full advantage of its graceful elevation and the city views that lie beyond.
Conveniently located with easy access to motorways, this property is only a 5-minute drive from Cornwall Park, just up the road from Greenwoods Corner Cafe, and a pop round the corner to Farro and PaknSave. Zoned for Royal Oak School, Royal Oak Intermediate and Onehunga High School, Auckland Diocesan for Girls and St Cuthberts are also a short distance away.
Interest is expected from investors and developers, and with the vendors saying GO, they are most determined to achieve a sale.
Contact me for more information.
Auction details:
Wednesday 16th August 2023 @ 5:30PM (unless sold prior)
280 Manukau Road, Epsom, Auckland
