Ray White Ellerslie - Now Realty Limited Licensed (REAA 2008)
Real Estate Agents
Ray White Ellerslie - Now Realty Limited Licensed (REAA 2008)
Suite 1
101 Main Highway
Ellerslie
Auckland 1051
101 Main Highway
Ellerslie
Auckland 1051
- Listing #:
- ELL34851
- Listed:
- 3 days ago
Price by Negotiation
Develop 7 Units in a Growing Location!
5 Bank Street, Hillcrest, North Shore CityResidential House
-
- 3 Bedrooms
-
- 1 Bathroom
-
- 1 Offstreet Car Park
About this property
This exceptional site has the potential for 7 units, with preliminary plans in process for 3 standalone houses and 2 duplexes, totalling 7 modern, well-designed units across 3 floors, with each unit offering 3 bedrooms, 2 bathrooms, car parking and around 116m² of comfortable living space.UNITARY PLAN ZONE: RESIDENTIAL - MIXED HOUSING URBAN
Currently yielding $730-$790 per week in its existing setup, this property promises strong cash flow. Rent the property out while finalising the plans to start development. The site is sunny and positioned in a highly desirable area.
Bank Street is the gem of Hillcrest, featuring a stunning mix of architecturally designed homes, character dwellings, and spacious modern family residences.
Ideal for savvy developers looking to capitalize on Auckland's expanding market, this site is superbly situated close to all amenities, public transport, and major motorway routes-making it easy for residents to access the city and beyond.
Don't miss out on this rare opportunity to acquire a versatile, income-generating development opportunity in a thriving location. Act now and turn this prime parcel into your next success!
Pending RC, BC, EPA.
We are always happy to work with other agents and welcome conjunctional sales, so bring your buyers!
Contact Ian 021 159 2078 TODAY for more information!
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