Terrace Housing & Apartment Zone

61, Mount Smart Road, Onehunga, Auckland City

Tender

Proposed Usage
Development Site
Floor Area
126.00 m²
Land Area
701.00 m²
Description:
Property ID
1bsc4zk

On a full, near level freehold site of 701 sqm, astute developers will be aware of the opportunity to add value by utilising the provisions of the Terrace Housing and Apartment Buildings Zone under the Unitary Plan.

Bordering Royal Oak, this is a prime site with multiple added value options, such as:
- Develop the large, unutilised area at the rear of the site;
- Start with a blank canvas - remove the existing house to allow a development of greater height and density as afforded by the THAB zone;
- Seize the rare opportunity to concurrently purchase the neighbouring property for a much larger development site of 1,321 sqm, or
- Landbank for the future, enjoying the gorgeous home and expansive deck, entertaining family and friends with panache and ease. .

The existing home could offer a generous rental income while you plan your development.
- Close to Royal Oak Mall, Dress Smart, Cornwall Park & One Tree Hill Domain.
- Great public transport options
- Royal Oak Primary zone

Viewing: By appointment

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Onehunga Area