149 Preston Road Otara, Manukau City

This is your chance to secure an XL section in the ever appreciating Otara. After 40 years of ownership, it is time for our owners to move on to new pastures. This traditional weatherboard home has three bedrooms, a large lounge and kitchen/dining area that is ripe for renovation. To the rear of the property is a large lock-up garage perfect for dad's workshop or man-cave with ample parking for multiple cars and the boat! Under the new Unitary Plan, this property is zoned Mixed Housing Suburban, and the size and shape of this section, with wide street frontage, offers development opportunities in a sought-after location. With land a scarce commodity, this is also ideal purchase for the savvy land banker, a solid family home you can live in, on a large section with fantastic potential. Buy and develop now, or hold, and reap the rewards in the future! Do your homework on this one, with interest rates so low it could be better than the bank??? Auction Date: Thursday 1st April 2021 at 5pm (Unless Sold Prior) Location: In Rooms - Ray White Manukau - Level 2, Van Den Brink House, 652 Great South Road, Manukau PLEASE NOTE: Advertised areas have not been measured by the Salesperson or Ray White - A T Realty Limited. We recommend you seek your own independent legal or expert advice if these sizes are material to your purchasing decision.