Papatoetoe 25 Olive Crescent

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For Sale
Asking Price $1,255,000

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First Time in the Market after 60 Years! Must Sell

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Open Times

Sat 4th May 1:45pm - 2:15pm

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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. Investment Appeal: Capitalize on the rising demand in the neighborhood, making this property a sound investment for the future.

*Strategic Location and Accessibility: Positioned in a highly convenient locale, enjoy seamless access to both SH1 and SH20 motorways. The property's proximity to Middlemore Hospital and Auckland Airport enhances its appeal, providing unparalleled convenience.

Your Involvement Awaits: Don't miss the chance to be part of something extraordinary. Reach out now to explore how you can contribute to the future narrative of this unparalleled property. Your involvement marks the beginning of a new chapter in its enduring history.

PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Auckland Council (LIM) or Title documents. They have not been measured by the Salesperson or Century21 Papakura or Local Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.