Ray White Ellerslie - Now Realty Limited Licensed (REAA 2008)
Real Estate Agents
Ray White Ellerslie - Now Realty Limited Licensed (REAA 2008)
Suite 1
101 Main Highway
Ellerslie
Auckland 1051
101 Main Highway
Ellerslie
Auckland 1051
- Listing #:
- ELL34400
- Listed:
- 79 days ago
Price by Negotiation
Prime Location and High Income Potential!
118 Pakuranga Road, Pakuranga, Manukau CityResidential House
-
- 4 Bedrooms
-
- 2 Bathrooms
About this property
This versatile site located in Business Mixed Use Zone offers immense potential for developers looking to maximise land use and income streams. The development options include:• 2 street-front standalone commercial buildings
• 8 onsite residential units
• 10 designated car parking spaces
Total: 2 commercial units and 8 residential units - providing strong growth prospects in a highly sought-after area.
Current Income with the existing shop and residential dowelling:
• Lease of $21,000 + GST + OPEX from the front shop
• Weekly rental of $735 from the residential units
• Generate income from existing tenants while preparing for development, which is an unbeatable investment in a prime location.
Location Highlights:
• Walking distance to supermarkets, Pakuranga Town Centre, and Saint Kentigern College
• Close to public transport and motorway access
• Short stroll to Sylvia Park and local amenities
Don't miss this rare opportunity to secure a high-density development site in an outstanding location. Turn your vision into reality - act now!
The project is currently in the Resource Consent process, and the vendor is progressing it over time.
We welcome agent collaborations and conjunctional sales. Bring your buyers!
Contact Ian today at 021 159 2078 for more details!
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