



Unlock Parakai's Future - 11,439sqm (more or less) of Potential Price: $5,250,000167-185 Parkhurst Road presents a once-in-a-lifetime development opportunity in North West Auckland. With mixed-use zoning, geothermal water rights, and multiple income streams, this property is a rare gem for developers and investors looking to shape a growing town's future.Key Features: Land Area: Approx. 11,439sqm (more or less) across three freehold titlesZoning: Neighbourhood Centre zoning allows for mixed commercial & residential use, with three-story building potentialGeothermal Rights: Auckland Council permit to extract approx. 95 cubic metres of natural geothermal water dailyExisting Income: Approx. $300,000 p.a. from: - Restaurant & bar - Wholesale liquor outlet - Thermal complex - Retail shops - Accommodation: 13 flats, 9 cabins & 3 caravansDevelopment Vision:Parakai & Helensville are set to become Auckland's next major growth areas-much like Albany & the Hibiscus Coast before their boom. This is your chance to get in early and transform the town! Picture the Possibilities:A vibrant residential community with three-story apartments, geothermal pools, and boutique shopsAuckland's next premier rest home, blending luxury living with tranquil hot springs Why Invest Here? Exclusive geothermal resourcesFlexible zoningHigh holding income to support developmentA chance to lead Parakai's transformation Don't miss out! Contact me today to discuss this incredible opportunity.Jana Mills | 021 509 990#Parakai #DevelopmentOpportunity #Investment #AucklandRealEstate #Geothermal
Email enquiry to Prestige Real Estate International Ltd (Licensed: REAA 2008) - Milford
Property ID: 380066116353
Original Property ID: 42738004