37 Torino Street Point England, Auckland City

If you've been looking at sites in Point England, Glen Innes, or Panmure, you'll know that development contribution costs have recently skyrocketed. Here is your golden ticket: an exceptional 731sqm (more or less) development opportunity with Resource Consent already approved for five standalone dwellings-locked in under the old, lower contribution costs! Avoid the new, hefty council fees and maximize your project's profit margins from day one.

Zoned for density and perfectly positioned alongside Boundary West Reserve, this site offers excellent street frontage, depth, and a highly desirable outlook. It's an unbeatable proposition for developers, investors, and strategic land-bankers alike.

Key Features:

Massive Cost Savings: RC approved under the old development contribution scheme-no massive fee increases to worry about!

Ready to Go: Resource Consent approved for 5 standalone dwellings.

Holding Income: The front dwelling has been tastefully renovated, providing a solid rental income stream while you finalize your project plans.

Bonus Space: A freestanding double garage with a rumpus room to the rear offers fantastic utility and flexibility.

Prime Location: Situated in a high-growth pocket just minutes from Panmure township, public transport, main arterial routes, Glen Innes, and Sylvia Park. Approximately 12km from the Auckland CBD.

Whether you're ready to break ground immediately or looking to land-bank a site with guaranteed upside and reduced holding costs, opportunities with consent in place and pre-hike fees are incredibly rare.

Flexible settlement is available. Do your numbers-this one makes perfect sense. Get in touch today before another developer snaps it up!

Disclaimer - The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.