PRIME DEVELOPMENT LAND 2,365M2, GULF & CBD VIEWS
A PRIZED LOCATION, WESTLAKE SCHOOL ZONES. RIPE TO SUBDIVIDE & DEVELOP*
A UNIQUE landmark holding comprising over half an acre of prime land proudly held in the same family since the late 1950’s.
Imagine unlocking the vast potential of this property situated in a highly prestigious “dress circle” to the northern fringe of Milford. Parr Terrace has always been renowned for its high calibre homes & an exclusive ridgeline position providing ‘picture postcard’ views from the CBD & Sky Tower, across to the Waitemata Harbour entrances & Rangitoto.
Where the investment of education is such a key decision factor for growing families, being zoned in the highly coveted Campbells Bay Primary & dual Westlake Boys & Girls High Schools is such a compelling reason to seize this location for the future.
Set on this tract of land is a classical 1960’s 3 brm brick bungalow with single garage. Native timbers & a layout we remember as kids, largely original & untouched.
Size, space & exciting options abound with this property.
Developers & speculators will revel in the opportunities to remove the dwelling & potentially build multiple townhouses, given the Mixed Housing Suburban zoning or simply subdivide into four separate lots. You can choose how intensive you go, subject to Council consent*. To assist in looking at the options we have a Registered Architect’s mouth watering concept plans available to view upon request.
Alternatively, the home could be renovated as buyers look to the future as a golden land-banking venture.
At a time when only restrictive & much smaller sections become available, this substantial land title offers developers scale & potentially higher profit margins as a project. So incredibly RARE in Castor Bay – Milford.
Astute buyers know that scarcity & demand fuel future capital gains. Do not let someone else secure their legacy ahead of yours….ACT FAST to secure this stunning opportunity.