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95 Hillcrest Road, Papatoetoe, Manukau City

Asking price $1,059,000

3

1

2

944m²

944m² Flat Land - Calling All Types of Buyers

An outstanding opportunity awaits in the sought-after location of Papatoetoe. This property enjoys a prime location, only a short stroll from Papatoetoe Train Station, just 900 metres from Papatoetoe West School, a few minutes’ drive to Old and New Papatoetoe Shopping Centres and Manukau City Centre, and with effortless access to both State Highway 1 and 20.

This is a rare golden opportunity for visionary home owners, developers, investors, or land bankers to secure a property that combines a top location with consented development potential. Whether you choose to carry out the approved project immediately or hold for strong capital growth, opportunities like this are few and far between.

Set on a generous 944m² flat freehold land in the Mixed Housing Suburban Zone, this land is fully serviced with supply water, stormwater and wastewater connections and has capacity. There are no overland flow path or flooding issues, making it ideal for future development. The Resource Consent for four standalone houses was approved by the Council valid until September 2030, saving time and cost for the next owner. The EPA approval is also included in the sale at the owner's cost.

The approved plans include 4 stylish and functional family homes. The total gross floor area is 606.7m²

Currently on the land sits a three-bedroom home, has 1 living area, 1 bathroom and a freestanding single garage. The generous courtyard is ideal for kids' play or family BBQ parties. It is occupied by tenants on a periodic tenancy, providing immediate holding income. The rental appraisal is $670 to $690 per week currently. It is perfect for the astute investors to acquire future capital growth.

Whether you're looking for a nice home to live in yourself, or to develop, invest, this affordable property represents a truly wise and valuable choice.

For further details or to arrange a viewing, please contact Victor on 021 705 648.

See this listing on Barfoot & Thompson

Additional details

Type

House

Property ID

919050

Listed on

01/09/2025

Updated

3 hours ago

Property insights

OneRoof estimateRating valuationProperty history

Rating valuation

OneRoof mentions

Listed for sale on OneRoof for 97 days (last updated on 1 September) and was last sold in 2016 for $779,000. Its latest rating valuation by Manukau City council is $880,000 as of 2024. This property has appeared in 2272 searches in the last 30 days. There are 171 3-bedroom properties for sale nearby. There are 490 properties for sale in Papatoetoe.

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Property data

Broadband available

Floor area

89m²

Land area

944m²

Unitary Plan

Zone 18 Residential - Mixed Housing Suburban Zone

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Papatoetoe, Manukau City

Papatoetoe is a suburb which lies within the Territorial Authority of Auckland, one of 269 residential suburbs which form the wider region. Papatoetoe is the 3rd largest suburb of Auckland in terms of the total number of residential housing stock. Papatoetoe provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Papatoetoe is made up of approximately 94% residential housing and 6% residential investment housing properties.

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