Sold September 2022 for $1,500,000

835m2 Goldmine On the Corner!


Vendor has just inherited this Deceased Estate and give clear instructions “Must Sell on Auction day!”

Sitting at the corner site of McLennan and Panama Rd with more street frontage, more openness and better access! This ultimate development opportunity is a must view for developers and land bankers!

For development purposes, this prominent corner section is super sunny and flat. Size of 835M2, Zoned in Mixed-Housing Suburban. Most importantly, the vendor has done the hardest part of the job and got approved RC for 7 new lots of townhouses, which You will be impressed with the smart design and easy to calculate your margin after the completion of this project!

If you are the investor or land banker for the future capital gain, this solid brick house offers 3 bedrooms,1 bathroom ,an open plan living, a modern kitchen, and double garage. Currently renting for $580 per week with very good tenants.

Amazingly central location ! Just minutes away are Sylvia Park shopping and access to the motorway on ramps. To get away from it all, the walkway along the Tamaki Estuary is just down the road and takes you to Flat Rock Reserve and the action on the water!

This is A REAL MUST SEE and far too delightful to be missed! Once again, the vendor said it Must Sell, call us to arrange a viewing today!

Property Features

  • Bathrooms: 1
  • Bedrooms: 3
  • Garaging: 2
  • Land area: 835m²
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