


Listing Description
Exclusive Geothermal Development Opportunity
167-185 Parkhurst Road, Parakai, Helensville, Rodney, Auckland
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Parking | 40 open spaces |
| Agency reference | 8426 |
| Broadband in the area |
Description
Unlock Parakai's Future - 11,439sqm (more or less) of Potential Price: $5,250,000 167-185 Parkhurst Road presents a once-in-a-lifetime development opportunity in North West Auckland. With mixed-use zoning, geothermal water rights, and multiple income streams, this property is a rare gem for developers and investors looking to shape a growing town's future.
Key Features:
- Land Area: Approx. 11,439sqm (more or less) across three freehold titles
- Zoning: Neighbourhood Centre zoning allows for mixed commercial & residential use, with three-story building potential
- Geothermal Rights: Auckland Council permit to extract approx. 95 cubic metres of natural geothermal water daily
- Existing Income: Approx. $300,000 p.a. from:
- Restaurant & bar
- Wholesale liquor outlet
- Thermal complex
- Retail shops
- Accommodation: 13 flats, 9 cabins & 3 caravans
Development Vision: Parakai & Helensville are set to become Auckland's next major growth areas-much like Albany & the Hibiscus Coast before their boom. This is your chance to get in early and transform the town!
- Picture the Possibilities:
- A vibrant residential community with three-story apartments, geothermal pools, and boutique shops
- Auckland's next premier rest home, blending luxury living with tranquil hot springs
Why Invest Here?
- Exclusive geothermal resources
- Flexible zoning
- High holding income to support development
- A chance to lead Parakai's transformation
Don't miss out! Contact me today to discuss this incredible opportunity. Jana Mills | 021 509 990
#Parakai #DevelopmentOpportunity #Investment #AucklandRealEstate #Geothermal
Open home times
Local Schools
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.
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