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House in Otara
Buy 1 or buy both-1486 sq/m potential!
- 3 Beds
- 1 Bath
Motivated Vendor - Must Be Sold!
Seize the moment with this rare development-ready property in one of the city's most intensively zoned areas - Terrace Housing and Apartment Building (THAB). Sitting on a generous 740sqm (more or less), this site is a goldmine for developers, investors, and visionary renovators.
The existing 100sqm (approx.) 3-bedroom, 1-bathroom home offers huge renovation potential. Whether you refresh it for strong rental returns or clear the way for a new build, the upside is undeniable.
But the real game-changer? The option to purchase the neighbouring property at 22 Kaitawa Street - creating an extraordinary landholding with massive development potential (subject to council consent).
The Opportunity:
- 740sqm freehold site in THAB zone
- 3-bed, 1-bath home with scope to renovate or rebuild
- Buy one or both - neighbouring property also available
- Combined development potential with wide frontage
- Walking distance to amenities, schools, and public transport
- Serious seller - this property will be sold!
Properties in this zoning with adjoining development options rarely come to market - and even more rarely with sellers this motivated. The instructions are clear: present all offers.
Whether you're looking to build, bank, or boost your portfolio - act now. This is an unmissable opportunity in a location poised for long-term growth.
Contact us today - tomorrow may be too late.
Disclaimer - This property is being sold by auction or without a price and therefore a price guide
can not be provided. 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.
MKU44854
100m²
740m² / 0.18 acres
3
1
