Looking for a property offering development potential with income generation ability? This exceptional opportunity demands immediate attention.

3.167 Hectares of gently undulating countryside, flat land zoned Future Urban under the Auckland Unitary Plan, has potential for up to 38 residential single house sites. Located on Sandspit Road with wide road frontage, advantageous for future development. Approximately 1km from Warkworth, one of New Zealand’s prettiest and fastest growing towns.

Currently home to two dwellings, a four bedroom, two storey main homestead plus a single level bungalow home split into two self-contained apartments. Rain water collection is enhanced by the artesian water supply on the property. In addition, there is a large separate (120 sqm) garage/workshop. Total income potential circa $1000/pw.

The property is close to Warkworth primary and secondary schools, Warkworth township with all associated amenities and a short drive to Snells Beach, Algies Bay, Matakana village and not much further on to Omaha, Tawharanui and Leigh.

The $900 million Puhoi to Warkworth extension of SH1 (nearing completion) is expected to trim 10-15 minutes off the 60-minute commute to Auckland’s CBD (off peak).

• 3.167 Hectares
• Future Urban Zone
• Potential for up to 38 residential single house sites
• Artesian water supply
• Vendors moving on

For sale by tender, closing Tuesday 20th April 2021 at 4pm (unless sold prior).

For further information please contact CBRE agent Buzz Scown (027 714 7571)