Listing Description
Poor Health Forces Sale
123 Jesmond Road, Drury, Papakura, Auckland
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $5,500,000 |
| Parking | 1 garage spaces, 1 carport spaces, 5 open spaces |
| Agency reference | 11PHYP |
| Broadband in the area |
Description
A rare opportunity is now available, offered for the first time since 1974. Revive the once successful and highly profitable cymbidium export operation or explore obtaining consent for residential development. With housing demand steadily increasing across the South Auckland corridor, this dual-title property presents commercial growers, developers and landbank investors with a truly rare chance to secure a premium asset in one of New Zealand's fastest-growing regions. Vendors seeking offers on $6 million.
FEATURES:
- Set on 2 titles
- Lot 2 - 1.4020 hectares
- Lot 3 - 1.2740 hectares (the vendor will sell this Lot separately, seeking offers on $3.2 million)
- 300m2 main dwelling
- 108m2 4 bedroom cottage-renting @ $550 weekly
- 36m2 1 bedroom studio-renting @ $250 weekly
- 1,100m2 packing shed, workshop & office
- 8,500m2 shade/green houses including growing benches, concrete access paths & irrigation
- 83m2 boiler house with a 130m3 capacity gas fired hot water boiler for climate control heating of green houses
- Agcon Fertilisation Controller
- 7,200m3 capacity fully lined irrigation pond
- 30,00 plus cymbidium plants currently in production
- Approximately 2,000 Pohutukawa trees 3-4 metres high selling for between $150 & $250 each
- Meets the requirements of the Overseas Investment Office for migrant investors to acquire an Active Investor Plus Visa & purchase residential land
Investing in Drury offers high-growth potential as it transforms into a major Auckland metropolitan hub, projected to house over 60,000 residents and create 12,000+ jobs within 30 years. Driven by billions in infrastructure investment, including transport upgrades and a new town centre, it offers high-growth potential (forecasted 8%+ annually) for residential, industrial and commercial investment.
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property GURU, Auckland Council (LIM) or Title documents. They have not been measured by the Salesperson or LJ Hooker - TNB Property Services Limited . We recommend you seek your own independent legal advice.
Open home times
Local Schools
IN ZONE Ngākōroa School1 Rorotu Ave
970 m
Full Primary (Primary & Intermediate), State, 232 enrolled
IN ZONE Rosehill College5 Edinburgh Avenue
4.1 km
Secondary (Year 9-13) (Secondary), State, 1751 enrolled
UNZONED St Ignatius Of Loyola Catholic College485 Burtt Road
1.9 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 608 enrolled
While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.
