Corner the Market

Takapuna, North Shore City

$2,300,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c38wvr

Situated on a prominent corner site in the sought after beachside suburb of Takapuna this property benefits from being situated in a location well-resourced by public transport infrastructure, high quality local amenity and life style factors that make this area so desirable.

The dwelling onsite was built in two stages and current layout provides an opportunity for the property to be leased to two tenants providing a diversified income stream for an investor or an owner occupier looking for a property they can purchase with options for additional income stream.

This unique property provides options galore, whether you are an investor, looking for a home with income, ability to accommodate extended family, lease out part of the dwelling and occupy the balance the options are limitless so you decide.

Property Highlights
- 602sqm (more or less) freehold site
- Diversified income stream from two tenancies
- High profile corner site with dual access off Burns Avenue and Tennyson Avenue
- Terraced Housing and Apartment Zoning (22.5m height limit)
- Landbank and future redevelopment potential*

Takapuna is booming as the zoning framework under the now operative Auckland Unitary plan begins to unlock the areas true potential and compliment the natural beauty, amenity and location. With cranes on the horizon and significant investment in public infrastructure to match now is the time to secure your slice of one of Auckland's most desirable suburbs.

Whether you are an investor/land banker, owner occupier or would look to develop in future you can't go wrong with this combination of location and zoning.

*All redevelopment, intensification or commercial use of the site subject to obtaining appropriate resource/building consent from the Auckland Council.

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