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BUYERS PRICE GUIDE - low $2m range ono

Listed 25 Mar

261 Sutton Road, Drury, Papakura, Auckland

Price by negotiation

Bed3
Bath1
Parking3
Land area1.76 hectares

Details

3 bedrooms
1 bathroom
3 Garage parking
Dwelling
Property interior
Property interior

BUYERS PRICE GUIDE - low $2m range ono

MAJOR GROWTH OPPORTUNITY - FUTURE DEVELOPMENT

Our vendors are looking for the immediate sale of this 1.75 hectare / 4.39 acre property which is zoned future urban under the Auckland Unitary Plan. While many properties in the area have been earmarked for removal this property remains mostly Future Urban. 'The site has an extensive 330m (approx.) road frontage located approximately 37 kilometres south of Auckland's city centre. The Drury-Opaheke Structure Plan 2019 is estimated to provide 22,000 houses and 12,000 jobs with a population of 60,000. There are also 3 operative private plan changes in the Drury area that propose to accommodate 19,000 new residents, approximately 7000 new dwellings, supporting 5000 - 6000 additional jobs and creating Auckland's newest metropolitan centre.

There is a 157 square metre 3 bedroom and study home on flat to gently contoured topography which is estimated to currently attract a rental of $780 - $850. The house has insulated walls and ceiling. The modern kitchen adjoins the open plan air-conditioned dining room and living where a sliding door leads onto the expansive northern deck with tranquil views. Adjacent to the dining is a separate lounge that can be closed off when needed also with access to a southern deck. Outdoors there is a 6 x 9m garage, 10 x 12m shed comprising a stable, storage rooms and mezzanine. There are 6 post and rail fenced paddocks plus a dis-used arena and 2 x water tanks.

A renovator to make your own - a rental proposition to financially reward you while your investment continues to grow? Options abound coupled with proposed changes offering such high future growth, this immaculate property presents myriad prospects to the purchaser with foresight and the ability to capitalize on opportunity.

  • 1.75 ha.property. 330m (approx.) road frontage
  • Future Urban zoning. Great rental & growth investment
  • 157m2 home. Wall & ceiling insulation
  • Kitchen + generous cabinetry, stainless steel appliances. Breakfast...
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