Flat Bush Retail & Consented Development Site
63, Kestev Drive, Flat Bush, Flat Bush, Manukau City
Price On Application
- Proposed Usage
- Development Site
- Floor Area
- 60.00 m²
- Land Area
- 90.00 m²
- Property ID
Enquire about this property
FOR SALE: 60m² retail shop + 90m² neighboring section (consented to build up to 4 storeys)
ASKING PRICE: $685,000
Located on Stancombe Road, this retail store and development site benefits from unparalleled exposure in a growth location, and fantastic views over Sir Barry Curtis Park.
The high profile, corner site retail store is available tenanted or vacant. Servicing a huge, untapped residential catchment, this space is ideal for a hairdresser, convenience store, dairy, beauty salon etc. The store is fully self-contained and comes with 1 secure car park.
The 90m² section can generate instant income being leased as car parks, however the real value in this piece of land is the huge development potential consented to go up 4 storeys. This can either be ground floor retail with 3 apartments on top, or a 4 level apartment building.
Flat Bush and Ormiston have been earmarked for development. With the Ormiston Town Centre currently under construction, this property takes advantage of the unparalleled growth currently being experienced in the region and will only increase in value as the area continues to grow.
Do not miss this rare opportunity to pick up a fantastic commercial investment with development potential, at a drastically discounted price! So call now:
+64 27 610 8539