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.
Sam Hyde-Smith
+64 27 476 5882
[email protected]
Ryan Gibb
+64 21 826 421
[email protected]
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
