Due to Current Covid Level 3 restrictions, we are able to safely conduct 2 private viewings per day. If you have interest in viewing this property please contact the salesperson to arrange a private, individual inspection of the property where social distancing and contact tracing protocols will be in place. A rare opportunity for developers, investors or landbankers to own 2 individual titles being sold together to offer future development benefits in a prime location. - Combined total land of approx.1944sqm zoned Mixed Housing Urban - A prime development opportunity with assessed income stream of $89k per annum - Initial planning suggests upto 14+ terrace homes possibility subject to Council approval - Sewage and Stormwater connection services are easily accessible - Incredibly popular location, minutes walk to Avondale Racecourse and local amenities - Easy motorway access and a short stroll to popular New-Lynn shopping centre - Zoned for Avondale Primary/Intermediate School and College - Long term settlement available for flexibility Deadline sale closing 6th October 2021 (unless sold prior), call Dermot for more information about submitting offers See property documents for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.

Note: Asking Price is Plus GST (if any)TOTAL POTENTIAL INCOME $161,050 PA Multiple options present themselves with this offering; either a prime opportunity to combine families with three separate dwellings on the property, and benefit off of the passive income that is being generated through a lease from the onsite winery, or make great returns as an investment from multiple leases and landbank for the future. - 3 Separate Dwellings ( 4 bedroom original farmhouse, 2 bedroom cottage, and permitted accommodation in a separate a-frame structure). Multiple storage sheds and office spaces. Options to rent out the dwellings or combine families and live on one property. Rental appraisal can be made available upon request - Winery lease. approx 700,000 litre capacity, category 2 winery, Generating a passive income, a portion of the property is being leased to a local wine company on a 5 x 5 lease. Figures and documentation can be made available upon request to qualified purchasers. Plant and equipment will be included in the sale and an asset valuation can be made available upon request to qualified purchasers - Boutique Wine. The current vendors ran their own boutique wine business from the property, utilising the vineyard that was once planted on the property. There is potential to re-establish the vineyard or bring in your own grapes and contract the current leasee of the winery to make your very own wine. - Balance of the 5.49 ha which is in paddock has recently just been cropped in Maize. Possibility to lease this again on an annual basis and create further income - 5 mins (approx) from Te Kauwhata township, 6 mins (approx) from State Hwy 1. North to Auckland and South to Hamilton This is a unique opportunity with so much potential... and with vendors that are seriously on the market to sell... this could be the gift that keeps on giving. The... See property documents for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.