Iron Bridge Real Estate Ltd - Albany
Real Estate Agents, Property Management
- Listing #:
- RX3995567
- Listed:
- 37 days ago
Negotiation
Invest, Land Bank, or Develop in THAB Zone!
210 Lake Road, Northcote, AucklandResidential House
-
- 3 Bedrooms
-
- 1 Bathroom
-
- 1 Car Garage
-
- 4 Offstreet Car Parks
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- 83m2 Floor Area
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- 675m2 Land Area
About this property
Attention developers and investors, an incredible opportunity awaits you! Situated in a coveted Terrace Housing and Apartment Building Zone (THAB) and boasting a central location, this property offers immense potential for renovation, detonation, and development.Nestled on this prime, expansive, and level site is a 3 bedroom and 1 bathroom home, currently rented out for $690 per week, providing immediate rental income while you plan your next move. Though the existing dwelling demands lots of TLC, the true value lies in its development potential. With the right vision and planning, this property could become the cornerstone of a lucrative residential project in one of Auckland's most sought-after areas.
Features include:
• 675 m2 (more or less) freehold section in Terrace Housing and Apartment Building Zone.
• 3 bedrooms and 1 bathroom weatherboard home.
• Large standalone garage with storage plus lots of off-street parks.
• Close to amenities, shops, cafes, schools, and public transport with easy motorway access.
• Zoned for Northcote Intermediate, Onepoto School, and Northcote College.
Invest, land bank, develop – The THAB zone opens the door to lots of exciting options and possibilities!
Don't miss out on this rare chance to secure a property with significant development potential in a prime location.
One-on-one inspections are available anytime, to best suit you and your schedule. To arrange yours, please call the Iron Bridge team on 09 985 2820.
Note: The dwelling at the front of the property is a 1.5 bedroom and 1 bathroom transportable home, and is not included in the sale but can be negotiated to be included.
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