3 critical criteria- the property supply, the Property demand and the Property location, these will determine the property development and investment successful or not. With regard to supply and demand it is well documented that the demand for properties in Auckland is well ahead of the supply and will likely remain this way for many years to come. This piece of real estate creates an exceptional opportunity to profit from well positioned properties that are suitable for developer and Investor.
This property is located in the premium area and very handy and very quiet street. It is offering to much:
1012sqm flat site - Mixed Housing urban.
Draw your plan for high quality terraces or low rise Luxury apartments.(subject to the city council approval).
This Boarding house consists 17 bedrooms 3 bathrooms in 3 units.
Profitable rental income approximate $3500/week(Approx.$175,000/year).
Zoned is Westlake double school, Hospital, Coffee, Shopping Centre, Transport.
This Property is calling all developers and investors.
Compulsory viewing at Open Home or appointment for private viewing.
More information for this property use the link below to download:
https://www.harcourtsfiles.co.nz/listings/U659