RE/MAX Revolution
Real Estate Agents
- Listing #:
- RMR13142
- Listed:
- 662 days ago
$1,895,000
Investment Opportunity - Endless Potential!
1 Crispe Road & 1 Clarks Beach Road, Clarks Beach, AucklandResidential House
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- 6 Bedrooms
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- 2 Bathrooms
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- 1 Car Garage
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- 1 Covered Car Park
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- 354m2 Floor Area
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- 1,424m2 Land Area
About this property
Discover a rare opportunity with 1 Crispe Road and 1 Clarks Beach Road – an exceptional prime corner site offering breathtaking harbour views. Spanning a significant land area of 1,424sqm, this property comprises two separate titles, providing ample potential for mixed-use development.• An exceptional prime corner site with harbour views
• The significant land area of 1,424sqm on 2 separate titles
• Favourable zoning provides for significant mixed-use development potential
• Current gross income of $63,775 incl GST across multiple tenancies
• Explore development options, add value, or invest!
The property benefits from multiple-incomes streams, fully tenanted and returning $63,775 incl GST across 3 separate commercial and residential tenancies.
Clarks Beach is located in the Auckland suburb of Clarks Beach, located to the East of Kingseat and Karaka. Major residential developments in the area include Paerata Rise, Bremner Road development, and Belmont Estate - in addition to the 50ha of land in Clarks Beach under development which is to provide an additional 700 dwellings. Situated within the Franklin District, a high-growth location, a large number of projects are under development, including major projects such as Stevenson's Drury South Industrial Park and Kiwi Properties' proposed shopping centre – highlighting the future growth and potential of the area.
Zoned Business - Neighbourhood Centre Zone, provisions of this zoning allows options to consider a range of residential and commercial uses (such as ground floor commercial and apartments above), with future potential to develop to a maximum height of 13 metres (subject to Council approval).
Explore development options or consider long-term possibilities while benefitting from the current income stream.
This is, without doubt, an opportunity that cannot be missed; contact the listing agents for further information.
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