LAND BANK or DEVELOP THIS BEACH ROAD JEWEL
It does exist... 5899m2(approx.) of residential land just waiting to commence its next phase in the real estate chain. Not often found, this ideally located property is well suited for a number of different uses and with the market being alive and well now is the time to secure this gem.
The property is currently being utilised as a horticulture operation having 1800m2(approx.) of glass house with the tenants happy to stay in situ and a potential holding income of $ 40,000.00 plus makes this property attractive for a developer or speculator to hold whilst going through the development consent process.
Alongside the horticulture operation you have the added bonus of a large spacious "Signature" home that offers an adjoining wing ideal for teenagers or grandparents. Lovely outdoor flow to the in deck pool and established trees makes this the perfect spot.
The owners are genuine sellers and retiring out of Auckland and are ready to meet the market. Rarely does a property of this nature come on the market so close to local amenities and within easy access of the motorway.
Come take advantage of Papakura's well performing market and inspect this fantastic opportunity you are sure to be impressed.