Opportunity for Land Banker/ Developer/ Business/ Rent
422 Hibiscus Coast Highway, Orewa

Negotiation

[9#4#2]

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Link to: https://www.barfoot.co.nz/property/residential/rodney-district/orewa/house/778090

 

Opportunity for Land Banker/ Developer/ Business/ Rent

Land area: 1012sqm, Floor area: 360sqm.CV: 1.9M at 2017, Property Rate: $5,405.67 at 2019

Zoned: Mixed housing urban under the AUP there’s scope to build up to six units of triple level terraced housing (subject to council approval).

Three separate tenanted units at one site, total income at $1710 weekly.

Unit One: Four bedrooms, study, opening lounge & dining & kitchen, two bathrooms, double garage. Current rent at $740 weekly.

Unit Two: Three bedrooms, opening lounge & dining & kitchen, bathroom. Current rent at $520 weekly.

Unit Three: Two bedrooms, opening lounge & dining & kitchen, bathroom. Current rent at $450 weekly.

Central Location

There’s public transport on your doorstep. Walk to the local shops or down to Orewa with its stunning beach and countless amenities or take a stroll or bike ride around the popular Te Ara Tahuna Estuary Cycleway and Walkway. You can be at the Silverdale shopping complex or on the motorway within minutes by car… it simply doesn’t get much more convenient than this.

The options really are endless – One of a kind and available now to discerning buyers.

Golden opportunity for land banker, developer/business use, home and income, or build…