3,104m² of Land | Holding Income | Three Titles
Listed 21 Aug
151, 153 & 155 Gossamer Drive, Pakuranga, Manukau City, Auckland
Price by negotiation
Details
- Land area
- 3104m²
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3,104m² of Land | Holding Income | Three Titles
Rarely does an opportunity of this scale come to market in such an established location for developers, investors, landbankers and owner-occupiers.
Across three adjoining freehold titles, 151, 153 & 155 Gossamer Drive combines 3,104m² (more or less) of Residential - Mixed Housing Suburban zoned land with a combined holding income of approximately $141,180 per annum across four tenancies.
Whether you're a developer seeking your next project, an investor looking to secure strong holding income, or a landbanker positioning for future growth, this is a genuine chance to acquire a substantial residential landholding in a tightly held suburb. The site's gentle contour, generous street frontage and proximity to key services create an excellent platform for future development, while the existing income provides valuable flexibility in the meantime.
Positioned just minutes from Pakuranga Plaza, the Eastern Busway, local schools, parks and everyday amenities, the property enjoys outstanding connectivity throughout East Auckland. Sylvia Park is approximately 4.5km away, with Auckland CBD approximately 13km away.
Opportunities to secure adjoining titles of this size are exceptionally uncommon. Contact the sole agents today for further information.
*Purchase price is inclusive of GST. **A comprehensive site engineering and planning memorandum has been prepared by CIVIX, which is available in the dataroom.
Sam Hyde-Smith +64 27 476 5882 sam.hydesmith@colliers.com
Ryan Gibb +64 21 826 421 ryan.gibb@colliers.com
Features:
- Three adjoining freehold titles
- 3,104m² (more or less) total land area
- Residential - Mixed Housing Suburban zoning
- Combined holding income of approximately $141,180 p.a. across four tenancies
- Development, investment, landbanking and owner-occupier options
- Close to quality schools, parks and everyday amenities
- Sought after location close to Pakuranga Plaza, Eastern Busway and Sylvia Park
More information: https://www.colliers.co.nz/p-NZL67042028
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Local Schools
- RIVERHILLS SCHOOL13 Waikaremoana PlaceRoll: 129
- PAKURANGA HEIGHTS SCHOOL77 Udys RoadRoll: 498
- EDGEWATER COLLEGE32 Edgewater DriveRoll: 629
- PAKURANGA INTERMEDIATE43 Reeves RoadRoll: 291
- SANCTA MARIA COLLEGE319 Te Irirangi DriveRoll: 1061
- RIVERHILLS EARLY LEARNING CENTRE4 Waikaremoana PlaceRoll: 41
- PAKURANGA BAPTIST KINDERGARTEN2 Freemantle PlaceRoll: 41
- PUKEKO PRESCHOOLPakuranga Heights School 77 Udys RoadRoll: 36
- PAKURANGA KINDERGARTEN107 A Reeves RoadRoll: 47
- PAKURANGA MONTESSORI LEARNING CENTRE71 Udys RoadRoll: 27
- ELM PARK SCHOOL46 Gossamer DriveRoll: 495
- SAINT KENTIGERN COLLEGE130 Pakuranga RoadRoll: 2350
- ANCHORAGE PARK SCHOOLSwan CrescentRoll: 128
- SUNNYHILLS SCHOOL17 The CrestRoll: 500
- RIVERINA SCHOOL30 Millen AvenueRoll: 150
- ST MARK'S SCHOOL (PAKURANGA)334 Pakuranga RoadRoll: 209
- ELIM CHRISTIAN COLLEGE159 Botany RoadRoll: 1098
- FARM COVE INTERMEDIATE16 Butley DriveRoll: 505
- BOTANY DOWNS SECONDARY COLLEGE575 Chapel RoadRoll: 2001
- PAKŪRANGA COLLEGEPigeon Mountain RoadRoll: 2302
- PANMURE BRIDGE SCHOOL76 Kings RoadRoll: 209
- PANAMA ROAD SCHOOL139 Panama RoadRoll: 362
- SIR EDMUND HILLARY COLLEGIATE SENIOR SCHOOL2 Franklyne RoadRoll: 652
Location info
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