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$920,000
Darren Newell Harcourts Henderson
Here are 2 dated homes on one site (home and income) in the ever popular area of Centreway Road, Orewa, situated in this great development location only a very short flat walk to the shops, cafes, beach etc. The two homes were recently tenanted for over $840pw however advice says it should be higher. Consisting of a three bedroom home and a one bedroom home. So why not land bank and get a return at the same time?
More importantly this land is situated in the Mixed Housing Urban Zone, so genuine development opportunities galore!! This is a fantastic 809m2 opportunity for the astute buyer, and we strongly recommend that you make sure you are at the advertised open homes if not before as this one really may not get to Auction day.
Orewa seems to be going the way of the Gold Coast, and will be a thriving holiday destination with the huge development going on and more and more apartments to be developed. Therefore get in now at the start, before the cost of development sites becomes even more astronomical.
So if you're a handyman that is looking for an opportunity, a family looking for a home for you AND the parents, or a developer looking to put a block of units on, then you need to come along and view!
View the attached video and then call me now for the LIM and title, and I'll see you soon!
Taken from the Council website "The Residential - Mixed Housing Urban Zone is a reasonably high-intensity zone enabling a greater intensity of development than previously provided for.
Over time, the appearance of neighbourhoods within this zone will change, with development typically up to three storeys in a variety of sizes and forms, including detached dwellings, terrace housing and low-rise apartments. This supports increasing the capacity and choice of housing within neighbourhoods as well as promoting walkable neighbourhoods, fostering a sense of community and increasing the vitality of centres."
Property ID: #OR9227
Office
Licensed under REAA 2008
Sold Property
Here are 2 dated homes on one site (home and income) in the ever popular area of Centreway Road, Orewa, situated in this great development location only a very short flat walk to the shops, cafes, beach etc. The two homes were recently tenanted for over $840pw however advice says it should be higher. Consisting of a three bedroom home and a one bedroom home. So why not land bank and get a return at the same time?
More importantly this land is situated in the Mixed Housing Urban Zone, so genuine development opportunities galore!! This is a fantastic 809m2 opportunity for the astute buyer, and we strongly recommend that you make sure you are at the advertised open homes if not before as this one really may not get to Auction day.
Orewa seems to be going the way of the Gold Coast, and will be a thriving holiday destination with the huge development going on and more and more apartments to be developed. Therefore get in now at the start, before the cost of development sites becomes even more astronomical.
So if you're a handyman that is looking for an opportunity, a family looking for a home for you AND the parents, or a developer looking to put a block of units on, then you need to come along and view!
View the attached video and then call me now for the LIM and title, and I'll see you soon!
Taken from the Council website "The Residential - Mixed Housing Urban Zone is a reasonably high-intensity zone enabling a greater intensity of development than previously provided for.
Over time, the appearance of neighbourhoods within this zone will change, with development typically up to three storeys in a variety of sizes and forms, including detached dwellings, terrace housing and low-rise apartments. This supports increasing the capacity and choice of housing within neighbourhoods as well as promoting walkable neighbourhoods, fostering a sense of community and increasing the vitality of centres."
Property ID: #OR9227
Darren Newell Harcourts Henderson
Office Harcourts Orewa Licensed under REAA 2008
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
$1,070,000 16 Fendalton Place, Hatfields Beach, Orewa, Auckland
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