Stanmore Bay, Rodney

An exceptional land banking and development opportunity in the heart of Stanmore Bay.Located on the main Whangaparaoa Road, 615 & 617 Whangaparaoa Road are offered together as a prime development site with approved Resource Consent for 30 terraced townhouses, providing certainty and a significant head start for developers and investors.Key Highlights:Approved RC for 30 Terraced Houses - save time, reduce planning risk, and move straight to constructionCombined land area approx. 3,300m²Two titles sold togetherMain road frontage - excellent accessibility, visibility, and long-term appealHolding income approx. $39,000 + GST per annum from existing commercial tenanciesZoned for future growth with strong residential demand in the Whangaparaoa PeninsulaWhy this opportunity stands out:Time value advantage - RC already in placeLower land banking cost with holding incomeFlexible exit options - land bank, develop, or on-sell with consent upliftStrong demand for new housing in a tightly held coastal suburbThe market value of this property is driven by its development potential, not current rental return - making it an ideal acquisition for experienced developers or investors seeking future upside.Contact us NOW for full RC documentation and more details.