Home and Income Sold
1782 M of Gz Land Holding Income(Under Offer)
Property ID RMU23349Currently under offer.
Email us for further information now. The best wealth builder opportunity you may ever see.
- High density development potential.
- 1782sqm of land.
- Double Grammar School Zone.
- Current zoning 6A 1 per 375sqm.
- Reputable business on site
- 1035sqm of building floor area - currently a 29 room care facility.
- Can be sold with vacant possession or ongoing management as agreed by both parties.
- Zoned Terrace Housing Apartments and Buildings (THAB) under Proposed Auckland Unitary Plan.
- Purchaser has the option to retain or grow the existing business under management.
- Land bank or develop into 4 stories under PAUP (no special density limit).
- Two entrances from main arterial roads.
- Vendor transition strategy can be put into place.
- Extensive chattel list.
The THAB zone generally applies within 250 meters of rail stations and metropolitan, town and local centers.
It allows heights ranging from four stories (14.5m, with 1m semi-basement parking), five stories (17.5m) to six stories (20.5m) depending on the scale of the adjacent center, with rules focused on ensuring good design.
The vendor has requested for a confidentiality agreement to be signed prior to release of the Information Memorandum. Please register your interest and we will reply promptly. Viewing is available on an appointment basis.