123 West Tamaki Road
Glen Innes, Auckland City
Glen Innes, Auckland City
Price by Negotiation
4
1
1
Premium Development Site
Located on the highly sought-after Glendowie/St Heliers border, 123 West Tamaki Road presents an exceptional opportunity for developers, investors, and landbankers alike.
This flat 905m² (more or less) corner site is perfectly positioned for maximising future development, with EPA and Resource Consent already secured for four dwellings-making this a turnkey project in an area renowned for capital growth and lifestyle appeal.
The existing property features:
Main dwelling - Solid four-bedroom, one-bathroom 1953 brick home
Secondary legal dwelling - Ideal for rental income or extended family
Off-street parking - One designated space, plus additional room on-site
However, the true value lies in the land zoned for optimal redevelopment in a high-demand suburb. With a 2021 Capital Valuation of $2,375,000 (Land Value: $2,225,000), this is a strategic investment with significant upside.
This flat 905m² (more or less) corner site is perfectly positioned for maximising future development, with EPA and Resource Consent already secured for four dwellings-making this a turnkey project in an area renowned for capital growth and lifestyle appeal.
The existing property features:
Main dwelling - Solid four-bedroom, one-bathroom 1953 brick home
Secondary legal dwelling - Ideal for rental income or extended family
Off-street parking - One designated space, plus additional room on-site
However, the true value lies in the land zoned for optimal redevelopment in a high-demand suburb. With a 2021 Capital Valuation of $2,375,000 (Land Value: $2,225,000), this is a strategic investment with significant upside.
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