This 1960s single level weatherboard 3 bedroom, 1 bathroom house sits on a flat 688 sqm (more or less) section in a soon to be million dollar suburb. Otara is the new developer's hotspot and rarely does a property offer opportunities with this much potential. This could be the greatest chance for developers to maximise their development potential or investors to land bank in a suburb which has recently been substantially increasing in value.
Developers would absolutely be attracted to the land which is a whopping 688 m2 (more of less) zoned to Residential - Mixed Housing Urban with public services on site. Explore the various exciting possibilities for development (subject to council approval) with your architect and/or builder and discover the substantial potential. Freehold land is one of the most favoured asset classes you can park your money, and best of all you can enjoy the rental return while you are planning your next project.
This property is not only in one of the fastest-growing suburbs in South Auckland but is also a short drive to Manukau City Centre and Botany Town Centre, Manukau Transport Hub, AUT South Campus, MIT, Auckland Airport and the Northern and Southern motorways.
Land of this zoning is extremely rare and currently more popular than ever so act now to avoid missing out on this outstanding opportunity.