Listed: Wed, 8 Oct

Excellent investment opportunity solid brick home

108 Settlement Road, Papakura, Auckland

Asking price $795,000

3 Beds
1 Bath
1 Living area
90m² Floor
994m² Land

Other Features

2 Garage parking
6+ Off-street parking

Attribute	Value
Property type	House
Agency reference	1952762
Broadband in the area	Fibre, Satellite, Wireless

Here is a rare chance to acquire a sturdy brick home situated on an expansive land parcel of 994sqm (more or less) zoned for Residential-Mixed Housing Suburban Zone, perfect for renovation, subdivision, or major development projects. This property combines reliable construction with generous land, offering immense potential for investors, developers, or those seeking a ‘do up’.

The 1960’s house is built from robust brick, ensuring long-lasting strength and low maintenance. Its classic design features three bedroom, bathroom, separate laundry and secure double garaging. The structure provides a solid foundation for creative updates, whether that’s updating interiors with modern finishes or expanding the existing footprint to add value.

The property's biggest highlight is its large, flat land area. Offering ample space for subdivision, multi-unit development, or outdoor amenities, this parcel presents a canvas for diverse projects. The generous land size allows for creating new dwellings, duplexes, or townhouse complexes, making it particularly appealing to developers. Utilities such as water, electricity, and sewer are already accessible, simplifying the development process.

Situated in a thriving community, this property enjoys the convenience of direct access to the motorway making it a highly attractive destination for future tenants or buyers.

Suitable for various redevelopment strategies, the property is ideal for those wanting to: *Renovate a solid, classic brick home into a modern residence *Subdivide land into multiple lots for sale or development *Build a custom home with lush outdoor spaces *Hold as a long-term investment while future developments unfold

Its combination of a durable home and large landholding provides both immediate renovation potential and long-term development prospects.

Don’t miss out on this exceptional chance to secure a versatile property with endless possibilities. Whether updating the existing house or creating a new development, this site is ready to turn your vision into reality.