215 Waihoehoe Road, Drury, Papakura

House and curtilage $1,200,000 are exempt of GST. Balance of Property $3,800,000 subject to 15% GST (if any).Align your property investment with a pathway toward New Zealand residency, and secure a foothold in one of the world's most desirable places to live.Come and go at your leisure.An exceptional development opportunity awaits at 215 Waihoehoe Rd, Drury, Auckland - a substantial 1.5 hectare (more or less) site zoned for Terraced Housing and Apartment Buildings; the highest density, residential zoning available under the Auckland City Unitary Plan.Demand for housing continues to grow in the southern Auckland corridor, presenting developers and landbank investors with a compelling long-term opportunity.In addition; the property benefits from a strong existing holding income providing approximately $87,000 p.a. through rental and lease contracts.Invest in a country known for stability, safety, long term growth and natural beauty everywhere.FEATURES: Six-bedroom house and an extensive greenhouse operation 3.7 acres (1.5 hectares more or less) of flat, fertile land Town meets Country in this rapidly expanding urban growth area Minutes from the new Drury Central train station near completion The recently confirmed Drury Costco development will introduce a significant retail and employment hub to the area Strong investment from major developers, supported by substantial government infrastructure spending, place 215 Waihoehoe Rd in the heart of South Aucklands future growth Access exclusive possibilities designed for overseas investors under the new OIO framework Clearer OIO (overseas investment office) pathways for investors who contribute to NZ's economic interests Use our expertise in navigating OIO compliant property opportunities; where a stable, transparent legal system protects property rights Welcome to New Zealand! Safe, clean and politically stable; ideal for families and lifestyle relocation.A recent valuation is available on request.Contact me direct for further information.PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property GURU, Auckland Council (LIM) or Title documents. They have not been measured by the Salesperson or LJ Hooker - TNB Property Services Limited . We recommend you seek your own independent legal advice.