Attention first home buyers, investors, and developers - a golden opportunity awaits. Buy one to live or invest, or buy both and unlock the full potential with combined resource consent.
Rarely do two neighbouring properties come to the market as a combined package, and here we have both No. 591 and No. 593 Great South Road offered together. The total land area spans approximately 1,858 sqm with street frontage. Resource Consent has been granted by Auckland Council, streamlining the process for the new owner to begin the process. With Resource Consent already approved for 10 homes—comprising a mix of standalone and duplex dwellings—this project is ready to move forward (with any future modifications subject to Council approval).
Also available to buy separately.
No. 591 is on 1,108 sqm (more or less) freehold land. CV $1,470,000. It features a three-bedroom home with an open-plan kitchen and living area.
No.593 is on a 750 sqm (more or less) freehold land. CV $890,000. It offers four bedrooms, an open-plan kitchen and living space, a family bathroom, and an ensuite. Both properties are currently tenanted, providing a combined weekly rental income of $1,480. Both homes have ample off-street parking and are well-maintained.
This is a prime location in Drury, situated within walking distance to the Drury Town Centre and only a short drive to the Southern Motorway. The area is undergoing major transformation, and is excellently located, positioning itself to benefit from all the ongoing major developments close by.
Set across 53 hectares (more or less), the vision for Drury includes a vibrant and sustainable mixed-use community, featuring high-speed transport links to the Auckland CBD via the proposed Drury Central train station.
The population of the Drury region is forecast to grow significantly, with approximately 60,000 people expected to call the area home within the next 30 years. This presents a unique opportunity to contribute to and benefit from the creation of a modern, master-planned community from the ground up.
Both properties are currently tenanted, providing a combined weekly rental income of $1,480. No. 591 features a three-bedroom home with an open-plan kitchen and living area. No. 593 offers four bedrooms, an open-plan kitchen and living space, a family bathroom, and an ensuite. Both homes have ample off-street parking and are well maintained, making them ideal for holding income during the development phase.
Whether you're a developer looking for your next project or an investor seeking future potential with immediate returns, secure your foothold in this strategic growth area.
Call Kin Neo today on 021 518 380 to arrange a viewing or for more information.
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