"Growing" Investment opportunity in Drury

Whether you're looking for a nice lifestyle block, or an investment with 2 income streams, you are winning either way here.

* Nearly 2.4 acres of flat land zoned FUTURE URBAN
* A very roomy three bedroom Lockwood house with "blonded" wood look
* Area for horse arena
* Single garage with carport attached
* Working glasshouse - 1,800m2 (more or less) double skin plastic house
* Packing shed, office and ancillary buildings
* Sleepout with bathroom
The current owners are happy to lease back the whole property or just the business for at least the next five years.
This is definitely one of the better investment opportunities in one of the biggest growth areas in Auckland.
The potential lease income is $27,000 + GST per annum from the glasshouse PLUS $33,800 per annum from the house, giving you around 4% annual return.

We have two other similar properties for sale either side of this property - buy all three & landbank!!!
You need to view to fully appreciate this property. See our Open For Inspection times or arrange a private viewing with either of us listed below.

"Auckland Council is developing a structure plan for Drury that will enable up to 50,000 people to live in the area. The structure plan area is about 1907ha, and includes Opaheke, Drury and Drury West.
More than 5000 jobs will be created in 180ha of industrial-zoned land owned by the Stevenson Group. Kiwi Property, known for developments like Lynn Mall and Sylvia Park, has bought 51ha of land in Drury to create a town centre."
See more details here: https://www.aucklandcouncil.govt.nz/have-your-say/docssouthernstructureplanning/drury-structure-planning-overview.pdf

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