STRONG GROWTH INVESTMENT - FLAT FUTURE URBAN -...

Auction: FTKY183PFMDMPTAAHQEO on Saturday 4 March 2023 at 2:23PM (unless sold prior)

For the purpose of this transaction the vendor is GST Registered and the Purchase Price Plus GST (if any).

Excellently located on Station Road close to Pukekohe Township, the Showgrounds and Pukekohe's train station, this prestigiously positioned 4.25 hectare property offers remarkable potential and exceptional gains to the investor or developer. Flat topography assists ease of development while continual growth of the area makes this property an outstanding future growth prize.

The Pukekohe Paerata Structure Plan 2019 identifies Pukekohe as a satellite town that serves a wide rural catchment. As a satellite town Pukekohe is anticipated to have significant future growth in employment as well as residential growth. Pukekohe is projected to grow by 50,000 people over the next 20 years. 124 Station Road has a flat contour with 88 metres (approx) road frontage and town water supply. Storm water is close by. The distance to Pukekohe train station is 1.4km (approx). Located in close proximity to notable proposed and approved private plan changes including approved Private Plan Change 74 which is 233 metres (approx) south rezoning 82.66 hectares (approx) to a mixture of Business Light Industry Zone, Residential Mixed Housing Urban Zone and Neighbourhood Centre. Another proposed Private Plan Change to the north 489 metres (approx) seeks to change the zoning of 30.61 hectares (approx) to Residential - Mixed Housing Urban.

Nestled amongst lush mature trees and currently attracting a rental of $800.00 per week, the three bedroom brick and tile home built in 1990 comprises kitchen, lounge and dining rooms, three bedrooms including the master with ensuite and the family bathroom. Well set up for horses, outbuildings include a large shed and stables and there's also a detached double garage. Access to the north and south motorway is easy and in line with the district's consistent progress.

Poised for...