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133,137,13 Luke Street East, Otahuhu, Auckland City

Rare Investment or Development Opportunity

dollar

$4,800,000

House
House
Bedroom
6
Bathroom
2
Land area
3539m2
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Property details

Listing # MSB23743 | Listed on 13 April 2022

Opportunities like this don't come often, comprising of just over 3500sqm approx the potential to invest, develop or build is endless for the astute buyer.

In an unbeatable location bordering the Tamaki Estuary nearby the Otahuhu township, 5 minutes away from Sylvia Park and with close accessibility to the CBD through the southern motorway which is only 100m away, what more could you want? With the added bonus of a dual access driveway and views over the Tamaki Estuary if you choose to develop this really is the complete package in Otahuhu.

The land package encompasses 3 seperate titles with two dwellings;

137: Brick and Tile Bungalow with an existing tenancy

133: Weatherboard 4 Bedroom home with an existing tenancy.

133A: No Dwellings

The tenants are happy to stay while you investigate, plan and secure resource consent to develop the property, or to provide the income needed whilst the land appreciates.

Surrounded by booming developments and in located the hub of an ever-growing area make sure you are the next custodian of this prime land opportunity, it is not to be missed.

Land Holding - Development Potential, 3500sqm (approx) Mixed Housing Suburban which is prime for subdivision, an opportunity to build 14-16 dwellings depending on council approval.

Location - Tamaki Estuary, CBD via southern motorway, Otahuhu Township

Position - Flat, North Easterly Facing with outlook over the Tamaki Estuary.

Education: Fairburn Primary, Otahuhu College

$4,800,000

Viewing By Appointment - Contact Julian on 021 624 405

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Additional features

Lot Features: Close to school; Close to shops; Close to public transport

Schools and childcare in the area

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