Charming Early-Century Home
Charming Early-Century Home
85 Panama Road, Auckland, Auckland, 1062, New Zealand
Price Upon Request
85 Panama Road, Auckland, Auckland, 1062, New Zealand
Listed by: Jane Wang | Barfoot & Thompson
Don't miss this golden chance to maximise your investment. The vendor is determined to sell! This 1464m² (approx.) freehold property, zoned Terrace and Apartment under the Auckland Unitary Plan, offers an exciting development opportunity in central Auckland. The current resource consent application for 12 new residential dwellings is in the final stage of council approval. Regarding the drainage connection and sewage onsite, the vendor has already paid a $9,000 deposit to Kainga Ora to access stormwater facilities next door, ensuring a smooth development process.Located in Mt. Wellington, this property provides a metropolitan edge with an established neighborhood, can walk to Sylvia Park, IKEA and all directional motorways. The future potential is undeniable. Currently on-site is a charming early-century 3-bedroom, 2-bathroom home with a cozy, traditional living design. It also features a multifunctioning detached garage and workshop, making it an ideal rental while you plan your development or keep for land bank.This is a must-see opportunity for investors seeking high returns. The vendor is motivated to sell. Don't wait - view this property now! Auction: 34 Shortland Street, City on Wednesday 30 July 2025 at 10:00AM (unless sold prior)
Highlights:
Detached garage and workshop
Charming early-century design
Metropolitan location near major amenities
Listed by Jane Wang | Barfoot & Thompson
Highlights:
Detached garage and workshop
Charming early-century design
Metropolitan location near major amenities
Exciting development opportunity
Established neighborhood
Resource consent for 12 new residential dwellings
