AUCTION BROUGHT FORWARD
Auction Brought Forward to Tuesday, 5 November at 6:30pm on site.
Calling all builders, developers and speculators. Peacefully located in an elevated position on the Astley Ave ridge, this property offers a total of 1,045 sqm of land on two cross-lease titles. Take full control of the freehold and explore the many options available with this land. The sale will include both titles.
At the rear, 112 Astley Ave is a 1990s brick and tile, 140 sqm three-bedroom home with internal access garaging. The inside has seen better days and in need of a major refurbishment. Someone with flair and creativity is sought to renovate, redecorate and reinvigorate this property back into a lovely family home.
At the front is a 1/2 share residue section with potential for further development (subject to Auckland Council approval). Initial investigations show a potential for three townhouses to be built on site under the Auckland Unitary Plan, but we strongly suggest you do your own due diligence on this.
There are many options to explore:
* Do up the existing home as an owner occupier and land bank the front section
* Do up the existing home as an owner occupier and convert the cross-lease title into several fee simple titles
* Convert the cross-lease title into several fee simple titles and do up the existing home to on sell
* Convert the cross-lease title into several fee simple titles, do up the existing home to on sell and develop the front site
Either way, this property presents a rare opportunity for someone looking for a project to add value and develop further.
Due to family circumstances this property must be sold!
Open Homes: Sat / Sun 1:30 - 2pm or By Appointment
Calling all builders, developers and speculators. Peacefully located in an elevated position on the Astley Ave ridge, this property offers a total of 1,045 sqm of land on two cross-lease titles. Take full control of the freehold and explore the many options available with this land. The sale will include both titles.
At the rear, 112 Astley Ave is a 1990s brick and tile, 140 sqm three-bedroom home with internal access garaging. The inside has seen better days and in need of a major refurbishment. Someone with flair and creativity is sought to renovate, redecorate and reinvigorate this property back into a lovely family home.
At the front is a 1/2 share residue section with potential for further development (subject to Auckland Council approval). Initial investigations show a potential for three townhouses to be built on site under the Auckland Unitary Plan, but we strongly suggest you do your own due diligence on this.
There are many options to explore:
* Do up the existing home as an owner occupier and land bank the front section
* Do up the existing home as an owner occupier and convert the cross-lease title into several fee simple titles
* Convert the cross-lease title into several fee simple titles and do up the existing home to on sell
* Convert the cross-lease title into several fee simple titles, do up the existing home to on sell and develop the front site
Either way, this property presents a rare opportunity for someone looking for a project to add value and develop further.
Due to family circumstances this property must be sold!
Open Homes: Sat / Sun 1:30 - 2pm or By Appointment