Exceptional Investment & Development Opportunity

Listed 7 Oct
5 Pratt Street, Papakura, Auckland
Price by negotiation
Details


Exceptional Investment & Development Opportunity
Prime Location - Papakura Central Occupying a generous 1012m² flat freehold site, this solid 2-bedroom brick & tile home presents significant potential. Ideally located in the heart of Papakura, it’s just a short walk to the town centre, train station, cafes, shops, and local amenities, with convenient motorway access and Auckland Airport approximately 30 minutes away.
Zoning & Development Flexibility The property is zoned H6 – Residential Terrace Housing and Apartment Buildings Zone under the Auckland Unitary Plan. This zoning encourages higher-density residential development while supporting vibrant, walkable communities with easy access to services, retail, education, and public transport. Any future development is subject to council approvals.
Key Features
· 1012m² flat section — rare opportunity in central Papakura
· H6 zoning — flexible options for future development
· Long-term tenants — in place for over 10 years and happy to remain
· Owner retiring — selling below 2024 CV, presenting a genuine opportunity
· Strong potential for investment, landbanking, or development
Why This Property A strategically located site in a fast-growing area, offering excellent future upside for investors, developers, or land bankers.

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