The Smiths - Ray White Austar Titirangi
Real Estate Agents
- Listing #:
- TTN32932
- Listed:
- 33 days ago
Asking Price $1,250,000
Developer Goldmine - THAB zoning
27 Reid Road, New Lynn, Waitakere CityResidential House
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- 3 Bedrooms
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- 1 Bathroom
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- 1 Car Garage
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- 120m2 Floor Area
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- 1,373m2 Land Area
About this property
Make no mistake - this is a gold-plated opportunity in the heart of Central New Lynn.Positioned just a short stroll from LynnMall and the New Lynn Transport Centre, this substantial 1,373m² site sits proudly within the Residential - Terrace Housing and Apartment Building Zone, placing you right in the epicentre of future growth.
Development potential has already been investigated, with the site showing capacity for approximately 6-8 units (subject to council consent). Under the recently notified PC120 provisions, the height overlay change could also open the door to an 11-storey apartment development (subject to council consent). Opportunities of this scale and flexibility, in a location this strategic, are exceptionally rare.
Access is effortless, with an existing easement over the neighbouring driveway providing over 6 metres wide of driveway access - a major advantage for future planning and design.
Currently improved with a three-bedroom home, you have the option to landbank, generate holding income, or progress straight into development. With favourable settlement terms available, this is a savvy acquisition for developers, investors, and forward-thinking buyers alike.
The momentum in New Lynn is undeniable - and sites like this are leading the charge.
Contact The Smiths to arrange your private viewing or join us at the open home.
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