Development site with holding income
323, Glenfield Road, Glenfield, North Shore City
- Proposed Usage
- Development Site
- Floor Area
- 280.00 m²
- Land Area
- 4115.00 m²
- Property ID
• Large freehold site of 4,115sqm (more or less)
• Holding income of $38,000pa gross (approximately)
• A diamond which needs polishing
• Popular central Glenfield location
• Five minutes to Glenfield Mall shopping precinct
This large site is zoned for high density housing and is located in the popular suburb of Glenfield, with the Glenfield Shopping Mall within a five minute drive. Easy access to the motorway and amenities is a major advantage. The Wairau Valley commercial zone is within 10 minutes drive and provides employment opportunities for residents living in the area.
An opportunity exists to add a further $34,000pa gross (approximately) to the existing holding income.
The site needs a creative entrepreneur to unlock its obvious potential.