1292 Coatesville-riverhead Highway, Kumeu

Auckland, New Zealand

Single Family

9 beds 5 baths

  • Property Details

    Flat 2.7234 hectares of agriculture land (approx. 6.73 acres), located near to the Cabra's Portage Estate, Riverhead within walking distance to renowned Huapai Golf Club. The land is smack dab in the middle of the 3 major developmental areas in the North West, namely Riverhead, Whenuapai, Kumeu and a short drive to Westgate new shopping centre, one of the largest urbanization projects in New Zealand. North Shore is 15 minutes drive, and Auckland CBD 20 minutes drive away.The property has 6000m2 glass houses, water pond and a working shed with an on-going profitable business of selling and supplying tomatoes to Auckland. The business will generate a tidy profit for the new owner that can pay for the mortgage OR generate free cash flow. On the site is 2 houses, namely a 5 bedrooms + ensuite + bathroom and a 4 bedrooms + ensuite + bathroom. Stay here OR rent it out to generate free cash flow.The major council services are nearby making future land development cost effective. The options for a profitable business, rental income may put this opportunity to own a lifestyle property in the desirable suburb of Coatesville within your reach. There is so much potential here to add value while you landbank and wait for the region to develop. Act NOW!!!!
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  • Additional Property Information

    This single family listing located at 1292 Coatesville-riverhead Highway, Kumeu, Auckland has nine bedrooms and five bathrooms. The property is presently priced at Price Upon Request.

    This property is presented by Kevin Hu of Barfoot & Thompson located in New Zealand.