6, 8 & 8A Huxley Place, Glen Innes_Property for Sale

6, 8 & 8A Huxley Place, Glenn Innes, Auckland, 1072, NZ

6, 8 & 8A Huxley Place, Glen Innes

Asset description

Looking for your next development site? Want to develop in a proven area already being pushed by local council for intensification and regeneration? These three family homes are being offered together in one package to allow an incoming developer sufficient scale for their next development. All around these homes, developers are either underway with intensification of sites or already finished projects successfully.

Developing in a proven Auckland area with continued growth, close to amenities, schools and public transport. Vendors are committed to selling and ready to move on. For viewings or more information please call the sole agents today.

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Attributes

Land area gross

1,507 sm

Zoning

THAB Zoning

Tenure

Freehold

Media

Investment highlights

• Three titles over 1,507 sqm with services at boundaries being sold as one package

• Freehold land zoned THAB (Terrace Housing and Apartments)

• Generous THAB zoning allows development up to 16 meters (with council consents)

• Three well presented family homes for holding income (two 3 bedroom homes + one 4 bedroom home)

• Successful developments still on going around these properties

• Vendors selling together to give scale of project for incoming developer

• Opportunity to either development now or landbank

• Glenn Innes has experienced high growth and intensification over the past few years. Take advantage and buy in a proven development area that is still growing

• Close to train station to CBD, bus routes, schools, shopping center and all amenities

• Funding rates reducing, confidence is coming back, first home buyers and residential property investors are back in the market to buy end product. Start your new development to ensure you have completed stock in the market by 2026

• Motivated vendors moving on and want action now