8 Alpers Avenue, Epsom, Auckland

DGZ Development with Income (Deceased Estate)

- 822sqm fee simple site zoned Terrace Housing & Apartment Buildings (THAB)
- Highly sought after location, walking distance from Newmarket
- Six individual residences returning approximately $102,960 p.a.
- Versatile opportunity: Double grammar zone development site, land bank or add-value investment

A rare chance to secure a prime development site with income in the highly sought after and affluent suburb of Epsom. The property benefits from the high intensity Residential - Terrace Housing and Apartment Buildings zoning.

Located in zone for Auckland Grammar and Epsom Girls Grammar Schools, the property is strategically positioned in close proximity to the considerable amenities Newmarket has to offer, motorway interchanges, Auckland Hospital, CBD, not forgetting the recently completed Westfield shopping Centre just a short walk away.

The single standalone building positioned on the site comprises 6 individual residential tenancies and returns approximately $102,960 per annum. Enjoy the income while planning your development, land bank or add value, you decide. Flexible offerings in this location are becoming increasingly scarce, be sure not to miss this one.

3D virtual tours of each flat are available upon request.