5 Tunis Road, Panmure, Auckland City, Auckland

Auction: 34 Shortland Street, City on Wednesday 21 May 2025 at 10:00AM (unless sold prior)

Set on a near-level 660m² (more or less) freehold site in the heart of Panmure, this property presents an exceptional opportunity for savvy investors, developers, or those looking to secure a prime piece of land in a rapidly growing suburb.

Zoned Residential – Mixed Housing Urban, the section offers exciting potential for future development or subdivision (subject to Council approval). With good road frontage and easy contour, the site is perfectly positioned to maximise its possibilities. The current owner has approved RC plan of 5 terraced new houses which could be used straight away.

The existing solid brick home features 3 bedrooms and 1 bathroom, currently tenanted and generating immediate rental income. This makes it an ideal landbank option while you plan your next move.

Located in a well-connected area with easy access to Panmure Train Station, public transport, motorway links, and local shopping hubs, this is a location that continues to grow in popularity and value.

Key Features:

• Freehold 660m² site (more or less)
• Residential – Mixed Housing Urban zoning
• RC approval dated 2022
• 3-bedroom, 1-bath dwelling with current tenants in place
• Excellent development or landbank potential
• Central location near transport, shops & amenities

Vendor loss, you gain! Be quick for this affordable development opportunity!