1 & 2/17a Rowan Road, Epsom, Auckland City, Auckland

DEVELOPMENT SITE (MHS zone) - LAND BANK INVESTMENT - EXTENDED FAMILY LIVING POTENTIAL PLUS in PREMIUM LOCATION - RARE OPPORTUNITY

This property comprises 2 Titles with a combined offering of 749m2 Freehold land, as well as 2 separate homes totalling 5 bedrooms & 3 bathrooms. Located in such a premium Epsom location, the potential and multiple options for future use make this a rare opportunity.

Developers should focus not only on the land size & superb location but also on the potential to rebuild some premium homes that enjoy views of One Tree Hill & Cornwall Park. Currently zoned Mixed House Suburban (proposed Urban PC120) the very well shaped site offers an approximate 17.4m width and not in a flood prone zone. Land Bank buyers will see the benefits of future land value gains in such a premium location, and also excellent rental income from the 2 homes, which are both rented currently.

The 2 separate homes will definitely interest buyers looking for intergenerational or extended family living, and those looking to get onto the property ladder will benefit from the opportunity to live in one home while renting out the other to assist debt servicing.

Location doesn't get much better than this with regular public transport a short stroll away, and easy access to the motorway system to the Airport & beyond. All local amenities are available in nearby Royal Oak.

So many options & potential in a superb location, come and see for yourself.

See interactive features for this property on barfoot.co.nz. Click the "View office website" link at the bottom of this page.