Terrace House and Apartment Zoning with 4 Houses! Hugh cash return!

All agent conjunctional welcome, please call listing agent for more detail.

A fantastic opportunity to land-bank or develop and build brand-new while collecting an accrued $1840 per week from current tenants who'd love to stay.

Accommodating four free-standing dwelling on a 2070m2 (more or less) in the 'terraced housing/apartment' zone with services at the gate and a wide road frontage offering easy accessibility.

Set in the highest-density zone permitted under the AUP with potential for multiple apartments and terraced dwellings up to seven stories high depending on regional restrictions and Council consents.

A lucrative and potential-packed opportunity with high cash-flow and appeal enhanced by a thriving central location just minutes to motorways, South Mall shopping and 3.5km to Manurewa train station with buses at the end of the street.

A ready-made / ready rented addition to the existing portfolio with interim income until you're ready to build - urgent attention and quick follow-up strongly suggested to all serious buyers - call agent for details.

Auction Saturday 17 Jul 12:00 p.m. In Rooms, 18 Fencible Drive, Howick (Unless Sold Prior)

To view/download property files, please visit:

https://www.harcourtsfiles.co.nz/listings/JAEV