One title with two incomes
Key features:
• Freehold site comprises 3,415sqm (more or less) of land
• Superb location with exceptional growth potential in Glen Eden
• Income from three houses returning $98,280pa with rental upside
• Walking distance to Glucina Reserve, local amenities and multiple schools
• Easy access to public transports and motorways
Take advantage of this rare chance to acquire a freehold property on a generous 3,415sqm (more or less) of land, located in the high-demand area of Glen Eden.
With a lack of development sites on Great North Road, this property offers incredible potential for growth and investment. The subject property comprises generous land area of 3,415sqm of rectangular shape, with the favourable Mixed Housing Urban zoning, currently generating rental income from three existing houses on-site returning $98,280pa including GST.
Surrounded by successful terrace house developments, this site is poised for transformation. The zoning is perfect for residential development to maximize its full potential.
This is your opportunity to secure a prime site in a thriving area with outstanding growth prospects. Call today to explore the possibilities this property has to offer.
Tony Chaudhary
+64 21 995 121
tony.chaudhary@bayleys.co.nz
Beterly Pan
+64 21 139 2228
beterly.pan@bayleys.co.nz
• Freehold site comprises 3,415sqm (more or less) of land
• Superb location with exceptional growth potential in Glen Eden
• Income from three houses returning $98,280pa with rental upside
• Walking distance to Glucina Reserve, local amenities and multiple schools
• Easy access to public transports and motorways
Take advantage of this rare chance to acquire a freehold property on a generous 3,415sqm (more or less) of land, located in the high-demand area of Glen Eden.
With a lack of development sites on Great North Road, this property offers incredible potential for growth and investment. The subject property comprises generous land area of 3,415sqm of rectangular shape, with the favourable Mixed Housing Urban zoning, currently generating rental income from three existing houses on-site returning $98,280pa including GST.
Surrounded by successful terrace house developments, this site is poised for transformation. The zoning is perfect for residential development to maximize its full potential.
This is your opportunity to secure a prime site in a thriving area with outstanding growth prospects. Call today to explore the possibilities this property has to offer.
Tony Chaudhary
+64 21 995 121
tony.chaudhary@bayleys.co.nz
Beterly Pan
+64 21 139 2228
beterly.pan@bayleys.co.nz
Key features
Land area breakdown
3,415sqm (more or less) of land
Location
Easy access to public transports and motorways
Passing income
Income from three houses returning $98,280pa with rental upside
