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Takapuna

11 Taharoto Rd and 36 Lake Pupuke Dr, Takapuna, North Shore

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4Β Dwellings
12Β Bedrooms
4Β Lounges
5Β Bathrooms
4Β Parking
4Β Offstreet

A Blue-Chip investment in Takapuna


Are you a discerning developer, astute investor, or land banker seeking a prime opportunity in one of Auckland's most desirable suburbs? Look no further! This exceptional 3,653sqm (approx.) site at 11 Taharoto Road and 36 Lake Pupuke Drive, Takapuna, presents a rare chance to create something truly special.

The properties currently house four dwellings:
β€’ 1/11 Taharoto Road: 3 bed, 1 bath, 2 carport - Rented $700/week (Periodic)
β€’ 2/11 Taharoto Road: 3 bed, 1 bath, double garage - Rented $740/week (Periodic)
β€’ 1/36 Lake Pupuke Drive: 3 bed, 2 bath, 2 garage - Rented $920/week (Periodic)
β€’ 2/36 Lake Pupuke Drive: 3 bed, 1 bath, 2 carport - Rented $700/week (Fixed Term - 3 months notice)
Enjoy immediate holding income while you finalize your plans.

Ready to Build: Resource Consent and EPA in Hand!
Resource Consent and EPA has been granted for the construction of 17 luxurious townhouses, maximizing the site's potential and offering nice water views. This significantly streamlines the development process and reduces risk, allowing you to bring your vision to life faster.

A Blue-Chip Investment in a Coveted Location:
Takapuna's premium appeal makes this an exceptional investment opportunity. The combined 1,858sqm (more or less) at 11 Taharoto Road and 1,784sqm (more or less) at 36 Lake Pupuke Drive, zoned Residential - Mixed Housing Urban, offers a strong foundation for future growth and capital appreciation. The proposed Residential - Terrace Housing and Apartment Building Zone further enhances this potential.

The Takapuna Lifestyle Awaits:
β€’ Stroll to Takapuna's vibrant town centre, offering a diverse range of dining, retail, and entertainment options.
β€’ Embrace the beach lifestyle with easy access to Takapuna Beach and surrounding reserves.
β€’ Benefit from excellent school zones, including Takapuna School, Takapuna Normal Intermediate, Westlake Boys & Girls High School, and Takapuna Grammar School.
β€’ Enjoy seamless connectivity with proximity to motorways and public transport.

Imagine the possibilities. This Takapuna development site is waiting for your vision.

For Sale by Negotiation
Sarah Liu

Sarah Liu

Residential Sales

Bayleys Real Estate Ltd, Remuera,
Licensed under the REA Act 2008

Features

Resource consent


RC and EPA approval already in place for 17 luxury townhouses boasting water views. This pre-approval significantly de-risks and accelerates the project, paving the way for swift construction.

Zoning


Currently zoned Mixed Housing Urban with proposed Terrace Housing and Apartment Building for 4 properties.

Location


Enjoy Takapuna's vibrant town centre, beaches, top schools (including Westlake Boys & Girls and Takapuna Grammar), and excellent motorway and transport links.

Investment


Four existing dwellings provide immediate holding income: two at 11 Taharoto Rd (rented $700 & $740/week) and two at 36 Lake Pupuke Dr (rented $920 & $700/week), offering cash flow.

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