HALF ACRE IN CASTOR BAY. A PRIME 2,365M2 LAND-BANK
RENOVATE 60’S BUNGLOW & HOLD, OR DEVELOP MULTI-TOWNHOUSES. DBLE WESTLAKE ZONE.
A UNIQUE landmark holding of over 1/2 acre of prime land proudly held in the same family since the late 1950’s. So incredibly RARE & a strategic investment for your future, with flexible options to consider.
This super-sized section & classical 4 bedroom concrete block, brick & tile bungalow with garage & laundry under, plus untouched native timber floors & an open fire conjures up fantastic memories of the past…when time was slower & growing families could treasure the extra space & freedom from neighbours.
The future? This is where exciting options will tempt the practical buyer keen to take on a renovation project, either for the shorter term – as you plan your Castor Bay masterpiece or longer term – as you decide on how many extra sections or townhouses could be built. A golden nugget now or in the future.
Developers & speculators will revel in the opportunity to remove the dwelling & potentially build multiple townhouses, given the Mixed Housing Suburban zoning or simply subdivide into four separate lots as a permitted activity. You can choose how intensive you go, subject to Council consent*. To assist we have a Registered Architect’s concept plans & surveyor’s plan available to view upon request.
Situated in the highly prestigious “dress circle” on the northern fringe of Milford, Parr Terrace has always been renowned for its high calibre homes & an exclusive ridgeline position providing sweeping views from the CBD & Sky Tower, across to the channel entrances & a peep of Rangitoto.
Where the investment of education is a key decision factor for growing families, being zoned in the highly coveted Campbells Bay Primary & dual Westlake Boys & Girls High Schools is a compelling reason to seize this prime location for the future.
Astute buyers know that scarcity & demand fuel future capital gains. Do not let someone else secure their legacy ahead of yours. Touch base NOW before its gone.