3 Titles on 3034sqm Land

A fantastic opportunity to purchase three separate titles together making up one larger 3034m2 plot of mixed housing suburban land. Located at 74, 76 and 78 Opaheke Road and benefitting from 4 separate driveways with the three existing dwellings all currently rented.

There are many excellent options for this site… Look to retain a couple of the houses and develop around them or start fresh and redevelop the entire block. A low-mid density development would allow for around 10 standalone homes whereas a higher density approach would allow for up to 20 townhouses (Subject to council consent).

If you were to retain the houses at #76 and #78, then you may want to consider a boundary adjustment to #76 allowing for wider access and an additional 7-8 standalone dwellings. As we said the options are many.

Some key facts:

• 74 Opaheke Rd - (1 bedrooms and 1 bathroom) on 990m2 land with 50m2 home. Currently rented for $270/week with annual rates of $1,646
• 76 Opaheke Rd - (3 bedrooms and 1 bathroom) on 1032m2 land with 140m2 home. Currently rented for $510/week with annual rates of $2,034
• 78 Opaheke Rd - (3 bedrooms and 1 bathroom) an 1012m2 land with 80m2 home. Currently rented for $520/week with annual rates of $1,859

We have property information on file including a Geotechnical report, Infrastructure report, plus proposed site plans for an 11-dwelling medium density option (6 Duplex + 5 standalone homes).

Reach out to Hamish or Jess to talk through this great development opportunity, request more information or to arrange a viewing.