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PREMIUM 4.78ha FUTURE URBAN LAND BANK OPPORTUNITY
11
Meryl Avenue
Huapai
Auckland
0891
NZ

Located within the rapidly developing Kumeu, Huapai region, is this rectangular shaped corner land site of 4.78ha, currently presenting as a lifestyle block.

The land offers generally easy level contour and holds both a lovely recently renovated approx. 227sqm, 4-bedroom home, as well as a further 1-bedroom minor dwelling and garage.

The site is a short distance to Huapai, 15 minutes to the Westgate Shopping Centre, and 20 minutes to the Auckland CBD. This is an emerging residential suburb on the north western outskirts of Kumeu-Huapai. Furthermore the site is close to various supermarkets, department stores and home improvement centres.

Kumeu and Huapai as a whole has been developing over the last several years, and is now a desirable location for multiple newbuild developments and infrastructure improvements, with recently completed dwellings in the immediate locality, generally selling in the vicinity of $950,000 - $1,100,000, and vacant residential lots transacting between $450,000 and $550,000.

Given the zoning of the land for Future Urban use, and with the opposite and neighbouring sites currently being developed for residential, this would be a strategic purchase opportunity for a purchaser looking to undertake a future residential development (once suitable consents were achieved).

Future urban zoned sites have really been transacting well in the surrounding areas, with many purchasers seeking land banking opportunities throughout Riverhead, Kumeu, and Huapai.

FOR SALE BY NEGOTIATION

For further details on the property, or to arrange a time to view, please contact the SOLE AGENTS below;

Marco Mannah
021 044 1880
marco@rcg.co.nz

Property details

ID
RCGRL00105
For Sale By Negotiation
Land Size
4 sqm
Building Size
227 sqm

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Desmond Wai
Desmond Wai
Director