Seize the chance to invest in a property with both immediate returns and future potential. Located at 67 Orchard Street in the heart of Avondale, this 693 sqm (approx.) freehold site comes with Resource Consent and Engineering Plan Approval (EPA) for 7 terraced units in 2 blocks.
This is an excellent opportunity for the discerning developer. Currently, the property features a tenanted 3-bedroom, 1-bathroom home, providing a steady rental income.
Its strategic location ensures residents have easy access to a range of local amenities.
Riversdale Reserve and Eastdale Reserve are nearby, offering sports fields, playgrounds, and walking tracks. Eastdale Reserve also hosts the Eastdale Hub, a community space for youth and recreational activities.
Education is well-covered with close proximity to schools such as Avondale Primary School (1.1 km), Avondale Intermediate (1.3 km), and Avondale College (1.2 km).
The property is well-served by public transport options, including the Avondale Railway Station on the Western Line, facilitating easy commutes. Local shops, cafés, and essential services are all within a short distance, enhancing the convenience of this location.
This offering presents a rare blend of immediate rental yield and development readiness in a sought-after Auckland suburb.
The owner wants it sold—don't miss out on this exceptional opportunity. Call me today for more details.
Disclaimer:
Photos of the house are about 2 years old.
Sale price is plus GST (if any)