25 Olive Crescent Papatoetoe, 20 NZ

First Time in the Market after 60 Years! Must Sell

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An unprecedented opportunity beckons for developers and investors alike to be part of a transformative journey shaping the future of this iconic property. With a rich history spanning six decades, this cherished haven is poised for a new era blending tradition with innovation.

*1113m2 Freehold Road Frontage Land: Discover a substantial piece of land with endless possibilities and offer a canvas for your creative vision.

*Mixed Housing Suburban Zoning: Benefit from the strategic zoning that enhances the property's potential. Mixed Housing Suburban zoning opens doors to various development options, allowing you to maximize the utility of this prime piece of real estate.

*Current House with 3 Double Bedrooms:The existing residence boasts 3 spacious double bedrooms, accompanied by a family bathroom and a convenient garage.

*Maximize Land Use or Land Bank for the Future: Empower your investment strategy by choosing to bulldoze the current house, unlocking the full potential of the land. Alternatively, consider land banking, recognizing the adage that "you can't build more land." Secure a piece of the future today.

For Sale Asking Price $1,255,000

Inspect

Inspection of this property is available strictly by arrangement only.

Contact

Century 21 Local Realty Local Realty
Licensed under the REAA 2008
46 - 50 Broadway
Papakura 2110