Situated in a sought-after location, this prime landholding spans a generous 1,808sqm (more or less) with a substantial street frontage. Zoned Mixed Housing Suburban and boasting RC and EPA approval for a 12-townhouse development, this is a golden ticket for your next project.
RESOURCE CONSENT DETAILS:
Lots 1-11: Each designed with 3 bedrooms, 2 bathrooms, and a single garage.
Lot 12: A smartly designed 2-bedroom, 1-bathroom home with a designated car park.
RC plans info:
House 1-6 and 8-11 (3 Bedrooms, 2 bath and 3 toilets, 1 garage each)
House 7 (3 Bedrooms, 3 bath and 3 toilets, 1 garage)
House 12 (2 Bedrooms, 1 bath and 2 toilets, 1 car dedicated car park)
CURRENT RENTS:
$1990.00pw or $103480.00 PA (3-$680, 3A-$600, 5-$710pw)
CURRENT PROPERTIES ON SITE:
The property at 3 Bernard Street sits on an 830sqm (more or less) section and features two dwellings on one title. The main house is a 3-bedroom, 1-bathroom weatherboard home, while the minor dwelling offers 2 bedrooms and 1 bathroom. Meanwhile, 5 Bernard Street is a standalone 3-bedroom, 1-bathroom weatherboard home on a 978sqm (more or less) section. All three homes are currently tenanted, ensuring continued income while you plan your next steps.
Nestled in the heart of Papatoetoe, this site is within walking distance to the lively town centre, Hunters Plaza, local cafés, restaurants, and essential amenities. With public transport links and motorway access close by, convenience is at your doorstep. Plus, it's in zone for Papatoetoe East School, Papatoetoe Intermediate, and Papatoetoe High School; a strong draw for future buyers.
With all the hard work already done in securing RC & EPA, this is a rare, high-potential investment that won’t sit on the market for long. Whether you're a developer ready to build or an investor looking for long-term gains, this is your chance to make a strategic move. Contact the team today for more details!
