Massey - Vendor says Sell! Offers over $1.035M!

Description

Developers - move extra fast to secure this exclusive Residential MHU zoned, 744 m2 Freehold Title, premium quality development opportunity! Supremely elevated from its location at the very top of Redwood Drive, potential exists to build 3-4 terrace housing units (subject to resource consent approval), enjoying uniquely spectacular panoramic views!

Wastewater & Storm water connections are available onsite at the rear of the section & a preliminary development feasibility report provided by registered Town Planners, Mt Hobson Group is available.

The light & airy original family home built, owned & lived in by the vendors since the 70s, set on three levels, features separate upstairs living from independent downstairs living with own private access (renovated in 2021 and unconsented).

Upstairs living includes three bedrooms with excellent elevated views of the surrounding locale & the family bathroom. Kitchen & dining with separate family lounge are situated on the middle level. Access off the dining leads to a deck & outdoor living.

The ground floor includes the fourth double bedroom, *living room, *bathroom & private access (*these rooms are all unconsented). A stand-alone double garage is included also. A professional rental appraisal estimates the home's current market rental return of $725 - $745 per week. The central location is perfect.

Motorway access to the CBD is only a few minutes' drive away, as are the vibrant North West & West Gate retail shopping malls. Zoned schools are St Paul's Primary/Intermediate & Massey High. This exclusive high-value development opportunity is a rare find. Secure now & enjoy immediate cash flow from ongoing rental returns, while awaiting council approval on your building plans. Inspect without delay to secure your golden future investment! Call Phil to view on 021-993-114.