The Golden Trifecta in DGZ & THAZ

Auction: MNC1XFDH7BYKIP2BAZD3 on Friday 24 December 2021 at 9:15AM (unless sold prior)

Introduced to the market for the first time in 20 years, this flat 653m2 Epsom parcel is a golden acquisition with a Double Grammar postcode and zoned for Terrace Housing and Apartment Building.

Overflowing with opportunity, 11A Arcadia is an existing four-unit character-filled villa. Flaunting the greatest in residential development zones and currently grossing over $2000 per week in revenue, this parcel could go in any direction, as a land banking opportunity, an integrable portfolio addition, or be the basis of a dream residential development.

Both current and future occupants enjoy this fantastic location, positioned within the quaint streets of Epsom and surrounded by the finest of urban conveniences. Close to Cornwall Park, Newmarket's retailers and restaurants and the village delights of Greenwoods Corner, this location will always appeal to all demographics, in particular those who appreciate a balanced metropolitan lifestyle.

Proximity to motorways, bus links and Remuera Train Station offers travellers easy options to get about, while education embraces elite schooling at Epsom Normal Primary, Auckland Normal Intermediate, Auckland Grammar, Epsom Girls Grammar, with private schools including St Cuthberts College and Diocesan School for Girls within walking distance.

Resting behind a stone wall, this ensemble of four flats, all under one charismatic villa roof, is never short of tenants. The unit setups are as follows:

Unit 1 - one bedroom, one bathroom, open plan living Unit 2 - one bedroom, one bathroom, open plan living Unit 3 - three bedrooms, one bathroom, open plan living with a deck Unit 4 - two bedrooms, one bathroom, open plan living with French door garden access

A golden trifecta of possibilities, any astute land banker, developer, or...

See property documents for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.